(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 2024-03-15 View latest technical analysis
10 day averaged volume of Meridian Corporation is 15330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 9.54 | 9.75 | 9.75 | 9.53 | 0.444 times |
| 14 Thu Mar 2024 | 9.53 | 9.52 | 9.78 | 9.36 | 3.027 times |
| 13 Wed Mar 2024 | 9.70 | 9.95 | 10.25 | 9.58 | 1.181 times |
| 12 Tue Mar 2024 | 10.04 | 10.11 | 10.33 | 9.96 | 0.483 times |
| 11 Mon Mar 2024 | 10.11 | 10.15 | 10.31 | 9.92 | 0.77 times |
| 08 Fri Mar 2024 | 10.05 | 10.09 | 10.10 | 10.00 | 0.196 times |
| 07 Thu Mar 2024 | 10.15 | 10.16 | 10.24 | 9.91 | 0.307 times |
| 06 Wed Mar 2024 | 9.98 | 9.92 | 10.04 | 9.63 | 1.337 times |
| 05 Tue Mar 2024 | 10.00 | 9.52 | 10.13 | 9.52 | 0.731 times |
| 04 Mon Mar 2024 | 9.60 | 9.62 | 9.97 | 9.51 | 0.815 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 9.5 as stoploss in an intra day buy trade for a target of 9.75. However, stock will show a bearish move below 9.5.
Share price targets for Meridian Corporation (MRBK)
| Target Type | Value |
| Downside Target | 9.01 |
| Downside Target | 9.24 |
| Upside Target | 9.84 |
| Upside Target | 10.33 |
| Upside Target | 12.10 |
| Upside Target | 12.32 |
| Upside Target | 12.82 |
| Upside Target | 13.65 |
| Upside Target | 14.13 |
| Upside Target | 14.24 |
Intraday share price targets for Meridian Corporation (MRBK)
| Target Type | Value |
| Downside Intraday Target | 9.16 |
| Downside Intraday Target | 8.77 |
| Upside Intraday Target | 10.13 |
| Upside Intraday Target | 10.71 |
| Upside Intraday Target | 9.74 |
Weekly technical analysis of Meridian Corporation (MRBK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 9.54 | 10.15 | 10.33 | 9.36 | 1.744 times |
| 08 Fri Mar 2024 | 10.05 | 9.62 | 10.24 | 9.51 | 0.676 times |
| 01 Fri Mar 2024 | 9.60 | 9.70 | 9.88 | 9.24 | 2.446 times |
| 23 Fri Feb 2024 | 9.60 | 9.50 | 9.97 | 9.50 | 0.331 times |
| 16 Fri Feb 2024 | 9.72 | 9.70 | 10.04 | 9.27 | 1.291 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Meridian Corporation (MRBK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 9.54 | 9.65 | 10.33 | 9.36 | 0.515 times |
| 29 Thu Feb 2024 | 9.78 | 12.32 | 12.32 | 9.01 | 0.83 times |
| 31 Wed Jan 2024 | 12.10 | 14.02 | 14.13 | 12.10 | 0.639 times |
| 29 Fri Dec 2023 | 13.90 | 13.14 | 14.24 | 12.82 | 1.204 times |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Meridian Corporation ( (MRBK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Meridian Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Meridian Corporation in short term but the buy signal is initial and weak.
Meridian Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Meridian Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 9.77 and Meridian Corporation (MRBK) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Meridian Corporation ( (MRBK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Meridian Corporation ( (MRBK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Meridian Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Meridian Corporation in short term but the buy signal is initial and weak.
Meridian Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Meridian Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 9.77 and Meridian Corporation (MRBK) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.