(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 2024-03-12 View latest technical analysis
10 day averaged volume of Meridian Corporation is 12420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 10.04 | 10.11 | 10.33 | 9.96 | 0.596 times |
| 11 Mon Mar 2024 | 10.11 | 10.15 | 10.31 | 9.92 | 0.95 times |
| 08 Fri Mar 2024 | 10.05 | 10.09 | 10.10 | 10.00 | 0.242 times |
| 07 Thu Mar 2024 | 10.15 | 10.16 | 10.24 | 9.91 | 0.378 times |
| 06 Wed Mar 2024 | 9.98 | 9.92 | 10.04 | 9.63 | 1.651 times |
| 05 Tue Mar 2024 | 10.00 | 9.52 | 10.13 | 9.52 | 0.902 times |
| 04 Mon Mar 2024 | 9.60 | 9.62 | 9.97 | 9.51 | 1.006 times |
| 01 Fri Mar 2024 | 9.60 | 9.65 | 9.88 | 9.46 | 1.425 times |
| 29 Thu Feb 2024 | 9.78 | 9.47 | 9.82 | 9.35 | 1.618 times |
| 28 Wed Feb 2024 | 9.30 | 9.63 | 9.64 | 9.24 | 1.111 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10, but if it comes below 10, then a intra day sell could be more profitable.
If you take a sell trade below 10, then use 10 as stoploss and 9.75 as target. However if you take a buy trade in stock , then use 10 as stoploss and 10.3 as target.
Share price targets for Meridian Corporation (MRBK)
| Target Type | Value |
| Downside Target | 9.01 |
| Downside Target | 9.24 |
| Downside Target | 9.46 |
| Downside 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 | 9.86 |
| Downside Intraday Target | 9.69 |
| Upside Intraday Target | 10.27 |
| Upside Intraday Target | 10.51 |
| Upside Intraday Target | 10.1 |
Weekly technical analysis of Meridian Corporation (MRBK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 10.04 | 10.15 | 10.33 | 9.92 | 0.37 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, 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 |
| 12 Tue Mar 2024 | 10.04 | 9.65 | 10.33 | 9.46 | 0.286 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 9.8 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 9.8 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.