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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 2024-11-19 View latest technical analysis

10 day averaged volume of Meridian Corporation is 16370

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	14.22	14.15	14.28	14.00	1.875 times
18 Mon Nov 2024	14.22	14.27	14.29	14.20	1.515 times
15 Fri Nov 2024	14.23	14.15	14.28	14.10	1.521 times
14 Thu Nov 2024	14.15	13.91	14.16	13.91	0.941 times
13 Wed Nov 2024	13.98	13.85	14.00	13.85	1.515 times
12 Tue Nov 2024	13.85	13.65	13.86	13.65	0.623 times
11 Mon Nov 2024	13.85	14.04	14.04	13.80	1.466 times
08 Fri Nov 2024	13.79	13.75	13.92	13.70	0.513 times
07 Thu Nov 2024	13.84	14.45	14.45	13.80	0.861 times
06 Wed Nov 2024	14.25	14.23	14.28	14.05	0.812 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.2, but if it comes below 14.2, then a intra day sell could be more profitable.
If you take a sell trade below 14.2, then use 14.2 as stoploss and 13.84 as target. However if you take a buy trade in stock , then use 14.2 as stoploss and 14.7 as target.

Share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Target	10.04
Downside Target	10.28
Downside Target	10.89
Downside Target	11.70
Downside Target	11.99
Downside Target	12.60
Downside Target	13.22
Downside Target	13.65
Downside Target	14.00
Downside Target	14.18
Upside Target	14.28
Upside Target	14.29
Upside Target	14.45

Intraday share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Intraday Target	14.05
Downside Intraday Target	13.88
Upside Intraday Target	14.34
Upside Intraday Target	14.46
Downside Intraday Target	14.17

Weekly technical analysis of Meridian Corporation (MRBK)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	14.22	14.27	14.29	14.00	0.559 times
15 Fri Nov 2024	14.23	14.04	14.28	13.65	2.32 times
08 Fri Nov 2024	13.79	13.89	14.45	13.70	0.475 times
01 Fri Nov 2024	13.84	13.22	14.18	13.22	1.484 times
25 Fri Oct 2024	13.19	12.98	13.25	12.86	1.422 times

Price has moved down 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
19 Tue Nov 2024	14.22	14.09	14.45	13.65	0.799 times
31 Thu Oct 2024	14.04	12.75	14.18	12.60	0.969 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

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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Meridian Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 14.07 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.