(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.
10 day averaged volume of Meridian Corporation is 9250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 8.40 | 8.55 | 8.64 | 8.40 | 0.443 times |
| 22 Mon Apr 2024 | 8.52 | 8.51 | 8.67 | 8.51 | 0.368 times |
| 19 Fri Apr 2024 | 8.51 | 8.65 | 9.00 | 8.51 | 2.497 times |
| 18 Thu Apr 2024 | 8.43 | 8.27 | 8.70 | 8.27 | 1.005 times |
| 17 Wed Apr 2024 | 8.36 | 8.74 | 8.86 | 8.26 | 0.703 times |
| 16 Tue Apr 2024 | 8.74 | 9.19 | 9.19 | 8.61 | 0.443 times |
| 15 Mon Apr 2024 | 8.90 | 9.01 | 9.19 | 8.70 | 0.93 times |
| 12 Fri Apr 2024 | 9.08 | 9.00 | 9.19 | 8.86 | 0.757 times |
| 11 Thu Apr 2024 | 9.08 | 9.05 | 9.15 | 8.90 | 0.789 times |
| 10 Wed Apr 2024 | 9.16 | 9.05 | 9.27 | 9.03 | 0.746 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.6, but if it comes above 8.6, then a intra day buy could be more profitable.
If you take a sell trade below 8.6, then use 8.6 as stoploss and 8 as target. However if you take a buy trade in stock , then use 8.6 as stoploss and 9.13 as target.
Share price targets for Meridian Corporation (MRBK)
| Target Type | Value |
| Downside Target | 8.26 |
| Upside Target | 8.67 |
| Upside Target | 8.86 |
| Upside Target | 10.16 |
| Upside Target | 10.20 |
| Upside Target | 10.33 |
| Upside Target | 12.10 |
| Upside Target | 12.32 |
| Upside Target | 12.82 |
| Upside Target | 14.13 |
| Upside Target | 14.24 |
Intraday share price targets for Meridian Corporation (MRBK)
| Target Type | Value |
| Downside Intraday Target | 8.31 |
| Downside Intraday Target | 8.22 |
| Upside Intraday Target | 8.58 |
| Upside Intraday Target | 8.76 |
| Upside Intraday Target | 8.49 |
Weekly technical analysis of Meridian Corporation (MRBK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 8.40 | 8.51 | 8.67 | 8.40 | 0.145 times |
| 19 Fri Apr 2024 | 8.51 | 9.01 | 9.19 | 8.26 | 1.234 times |
| 12 Fri Apr 2024 | 9.08 | 9.20 | 9.49 | 8.86 | 1.181 times |
| 05 Fri Apr 2024 | 9.20 | 10.16 | 10.16 | 9.17 | 2.082 times |
| 28 Thu Mar 2024 | 9.92 | 10.00 | 10.20 | 9.56 | 0.651 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 |
| 23 Tue Apr 2024 | 8.40 | 10.16 | 10.16 | 8.26 | 0.671 times |
| 28 Thu Mar 2024 | 9.92 | 9.65 | 10.33 | 9.36 | 0.654 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Meridian Corporation in short term and the sell signal is strong.
Meridian Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Meridian Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 8.69 and Meridian Corporation (MRBK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Meridian Corporation in short term and the sell signal is strong.
Meridian Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Meridian Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 8.69 and Meridian Corporation (MRBK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.