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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 2024-09-20 View latest technical analysis

10 day averaged volume of Meridian Corporation is 14684

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	12.46	12.36	12.48	12.28	2.595 times
19 Thu Sep 2024	12.46	12.17	12.48	12.17	1.478 times
18 Wed Sep 2024	12.07	11.91	12.43	11.91	2.922 times
17 Tue Sep 2024	12.00	11.62	12.27	11.62	2.043 times
16 Mon Sep 2024	11.65	11.75	11.75	11.58	1.151 times
13 Fri Sep 2024	11.42	11.00	11.42	11.00	0.449 times
12 Thu Sep 2024	11.00	11.04	11.04	11.00	0.354 times
11 Wed Sep 2024	11.00	10.94	11.02	10.89	0.879 times
10 Tue Sep 2024	11.03	11.13	11.24	11.03	0.218 times
09 Mon Sep 2024	11.36	11.51	11.51	11.27	0.343 times

Stock of Meridian Corporation (MRBK) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.5, for a target of 12 or 11.64

Share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Target	8.69
Downside Target	10.04
Downside Target	10.28
Downside Target	10.76
Downside Target	11.40
Downside Target	11.70
Downside Target	11.99
Upside Target	12.48

Intraday share price targets for Meridian Corporation (MRBK)

Target Type	Value
Downside Intraday Target	11.87
Downside Intraday Target	11.27
Upside Intraday Target	12.77
Upside Intraday Target	13.07
Downside Intraday Target	12.17

Weekly technical analysis of Meridian Corporation (MRBK)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	12.46	11.75	12.48	11.58	4.542 times
13 Fri Sep 2024	11.42	11.51	11.51	10.89	2.635 times
06 Fri Sep 2024	11.51	11.52	11.70	11.40	1.44 times
30 Fri Aug 2024	11.65	11.70	11.70	11.61	0.195 times
30 Fri Aug 2024	11.65	11.60	11.70	11.45	0.531 times

Price has moved up 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
20 Fri Sep 2024	12.46	11.52	12.48	10.89	0.519 times
30 Fri Aug 2024	11.65	11.69	11.70	10.04	1 times
31 Wed Jul 2024	11.65	10.35	11.99	10.28	2.281 times
28 Fri Jun 2024	10.52	10.29	10.76	10.05	0.478 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 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 losing 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 11.98 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.