(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 2024-03-04 View latest technical analysis
10 day averaged volume of Meridian Corporation is 11820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 9.60 | 9.62 | 9.97 | 9.51 | 1.058 times |
| 01 Fri Mar 2024 | 9.60 | 9.65 | 9.88 | 9.46 | 1.497 times |
| 29 Thu Feb 2024 | 9.78 | 9.47 | 9.82 | 9.35 | 1.701 times |
| 28 Wed Feb 2024 | 9.30 | 9.63 | 9.64 | 9.24 | 1.168 times |
| 27 Tue Feb 2024 | 9.58 | 9.50 | 9.84 | 9.50 | 0.753 times |
| 26 Mon Feb 2024 | 9.52 | 9.70 | 9.70 | 9.40 | 1.379 times |
| 23 Fri Feb 2024 | 9.60 | 9.70 | 9.70 | 9.50 | 0.389 times |
| 22 Thu Feb 2024 | 9.60 | 9.93 | 9.93 | 9.60 | 1.049 times |
| 21 Wed Feb 2024 | 9.84 | 9.84 | 9.97 | 9.62 | 0.821 times |
| 20 Tue Feb 2024 | 9.84 | 9.50 | 9.89 | 9.50 | 0.398 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 9.4 as stoploss in an intra day buy trade for a target of 9.8. However, stock will show a bearish move below 9.4.
Share price targets for Meridian Corporation (MRBK)
| Target Type | Value |
| Downside Target | 9.01 |
| Downside Target | 9.24 |
| Downside Target | 9.46 |
| Upside Target | 9.84 |
| Upside Target | 10.04 |
| Upside Target | 11.34 |
| 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 | 9.42 |
| Downside Intraday Target | 9.23 |
| Upside Intraday Target | 9.88 |
| Upside Intraday Target | 10.15 |
| Upside Intraday Target | 9.69 |
Weekly technical analysis of Meridian Corporation (MRBK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 9.60 | 9.62 | 9.97 | 9.51 | 0.163 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 |
| 09 Fri Feb 2024 | 9.76 | 11.27 | 11.34 | 9.01 | 0.791 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 |
| 04 Mon Mar 2024 | 9.60 | 9.65 | 9.97 | 9.46 | 0.097 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Meridian Corporation in short term and BUY 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 9.61 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Meridian Corporation in short term and BUY 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 9.61 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.