Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-15 View latest technical analysis

10 day averaged volume of Meridian Corporation is 8410

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	12.95	12.83	13.00	12.83	1.011 times
14 Mon Oct 2024	12.85	12.81	13.00	12.81	0.832 times
11 Fri Oct 2024	12.92	12.95	13.05	12.86	0.678 times
10 Thu Oct 2024	12.95	12.88	12.96	12.88	0.404 times
09 Wed Oct 2024	12.95	12.81	13.17	12.80	1.296 times
08 Tue Oct 2024	12.92	12.91	12.94	12.86	0.523 times
07 Mon Oct 2024	13.05	12.90	13.12	12.90	0.725 times
04 Fri Oct 2024	13.05	12.90	13.05	12.85	1.712 times
03 Thu Oct 2024	12.78	12.70	12.90	12.69	2.996 times
02 Wed Oct 2024	12.77	12.60	12.89	12.60	0.404 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13 as stoploss in an intra day sell trade for a target of 12.74. However, stock will show a bullish move above 13.

Share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Target	10.04
Downside Target	10.28
Downside Target	10.76
Downside Target	11.58
Downside Target	11.99
Downside Target	12.45
Downside Target	12.81
Downside Target	12.83
Upside Target	13.00
Upside Target	13.05
Upside Target	13.17

Intraday share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Intraday Target	12.84
Downside Intraday Target	12.73
Upside Intraday Target	13.03
Upside Intraday Target	13.11
Downside Intraday Target	12.92

Weekly technical analysis of Meridian Corporation (MRBK)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	12.95	12.81	13.00	12.81	0.508 times
11 Fri Oct 2024	12.92	12.90	13.17	12.80	0.624 times
04 Fri Oct 2024	13.05	12.64	13.05	12.60	0.688 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

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
15 Tue Oct 2024	12.95	12.75	13.17	12.60	0.345 times
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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Meridian Corporation ( (MRBK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Meridian Corporation in short term but the sell signal is initial and weak.

Meridian Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Meridian Corporation in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 12.91 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.