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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 2024-07-22 View latest technical analysis

10 day averaged volume of Meridian Corporation is 19977

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	11.64	11.50	11.77	11.47	1.146 times
19 Fri Jul 2024	11.56	11.41	11.69	11.41	0.909 times
18 Thu Jul 2024	11.49	11.59	11.99	11.41	1.216 times
17 Wed Jul 2024	11.61	11.39	11.94	11.39	1.221 times
16 Tue Jul 2024	11.40	11.50	11.57	11.26	1.927 times
15 Mon Jul 2024	11.31	11.84	11.93	11.27	1.221 times
12 Fri Jul 2024	11.50	11.66	11.66	11.47	0.335 times
11 Thu Jul 2024	11.25	11.20	11.70	11.00	1.081 times
10 Wed Jul 2024	10.86	10.69	11.01	10.69	0.481 times
09 Tue Jul 2024	10.74	10.64	10.75	10.60	0.726 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.4, but if it comes below 11.4, then a intra day sell could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 10.88 as target. However if you take a buy trade in stock , then use 11.4 as stoploss and 12 as target.

Share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Target	8.26
Downside Target	8.69
Downside Target	9.36
Downside Target	10.05
Downside Target	10.75
Downside Target	10.76
Downside Target	11.26
Downside Target	11.47
Upside Target	11.70
Upside Target	11.77
Upside Target	11.99

Intraday share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Intraday Target	11.48
Downside Intraday Target	11.33
Upside Intraday Target	11.78
Upside Intraday Target	11.93
Downside Intraday Target	11.63

Weekly technical analysis of Meridian Corporation (MRBK)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	11.64	11.50	11.77	11.47	0.176 times
19 Fri Jul 2024	11.56	11.84	11.99	11.26	1.854 times
12 Fri Jul 2024	11.50	10.73	11.70	10.49	4.93 times
05 Fri Jul 2024	10.60	10.43	10.75	10.37	0.584 times
03 Wed Jul 2024	10.40	10.35	10.45	10.28	0.506 times

Price has moved up 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
22 Mon Jul 2024	11.64	10.35	11.99	10.28	1.585 times
28 Fri Jun 2024	10.52	10.29	10.76	10.05	0.478 times
31 Fri May 2024	10.34	9.50	10.45	8.69	1.728 times
30 Tue Apr 2024	9.26	10.16	10.16	8.26	0.982 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Meridian Corporation ( (MRBK) ) based on a short 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Meridian Corporation in short term and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Meridian Corporation in short term and BUY signal is strong.

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 11.38 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.