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(MRBK) Meridian Corporation complete technical analysis [charts+indicators] | Buy/Sell Meridian Corporation | (MRBK) share price targets

Complete technical analysis of Meridian Corporation (MRBK) by charts plus indicators, forecast predictions and share price targets for Meridian Corporation (MRBK)

Meridian Corporation trades in USA in N A sector.

Showing technical analysis as on 2024-09-30 View latest technical analysis

10 day averaged volume of Meridian Corporation is 22070

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	12.64	12.64	12.64	12.64	0.104 times
27 Fri Sep 2024	12.61	12.70	12.83	12.55	0.362 times
26 Thu Sep 2024	12.67	12.60	12.67	12.60	0.236 times
25 Wed Sep 2024	12.60	12.66	12.74	12.51	0.797 times
24 Tue Sep 2024	12.60	12.78	12.80	12.55	0.911 times
23 Mon Sep 2024	12.69	12.50	12.80	12.45	0.915 times
20 Fri Sep 2024	12.46	12.36	12.48	12.28	1.726 times
19 Thu Sep 2024	12.46	12.17	12.48	12.17	0.983 times
18 Wed Sep 2024	12.07	11.91	12.43	11.91	1.944 times
17 Tue Sep 2024	12.00	11.62	12.27	11.62	1.359 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.5, but if it comes below 12.5, then a intra day sell could be more profitable.
If you take a sell trade below 12.5, then use 12.5 as stoploss and 11.93 as target. However if you take a buy trade in stock , then use 12.5 as stoploss and 13.3 as target.

Share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Target	8.69
Downside Target	10.04
Downside Target	10.28
Downside Target	10.76
Downside Target	11.40
Downside Target	11.99
Downside Target	12.45
Downside Target	12.48
Downside Target	12.64
Upside Target	12.83

Intraday share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Intraday Target	12.64
Downside Intraday Target	12.64
Downside Intraday Target	12.64
Downside Intraday Target	12.64
Downside Intraday Target	12.64

Weekly technical analysis of Meridian Corporation (MRBK)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	12.64	12.64	12.64	12.64	0.032 times
27 Fri Sep 2024	12.61	12.50	12.83	12.45	0.475 times
20 Fri Sep 2024	12.46	11.75	12.48	11.58	4.542 times
13 Fri Sep 2024	11.42	11.51	11.51	10.89	2.635 times
06 Fri Sep 2024	11.51	11.52	11.70	11.40	1.44 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Meridian Corporation (MRBK)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	12.64	11.52	12.83	10.89	0.714 times
30 Fri Aug 2024	11.65	11.69	11.70	10.04	1 times
31 Wed Jul 2024	11.65	10.35	11.99	10.28	2.281 times
28 Fri Jun 2024	10.52	10.29	10.76	10.05	0.478 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Meridian Corporation (MRBK)

Price action analysis of Meridian Corporation ( (MRBK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Meridian Corporation ( (MRBK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Meridian Corporation ( (MRBK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Meridian Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Meridian Corporation in short term and the buy signal is strong.

Meridian Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Meridian Corporation in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Meridian Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.37 and Meridian Corporation (MRBK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Meridian Corporation (MRBK) stock. Volume based technical analysis of Meridian Corporation (MRBK) stock is negative.

Meridian Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.