We assign a technical rating of 8 out of 10 to MRBK. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MRBK is only an average performer.
Although MRBK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.55
5 important support areas can be observed.
- A support zone ranging from 15.03 to 15.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.74 from a trend line in the daily time frame.
- A support zone ranging from 14.09 to 14.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.83 to 13.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.68 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MRBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRBK is up. |
| ChartMill Relative Strength | 41.98 | NEUTRAL | MRBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.89 | NEUTRAL | The RSI value for MRBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MRBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93 | OVERBOUGHT | The high Stochastics value suggests MRBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for MRBK suggests some volalility. |
| Average Directional Index/ADX (14) | 20 | NEGATIVE | The low ADX value for MRBK suggests a weak or negative trend. |
NASDAQ:MRBK (12/5/2025, 8:00:00 PM)
16.27
-0.19 (-1.15%)
MERIDIAN CORP / MRBK FAQ
What is the technical rating for MRBK stock?
ChartMill assigns a technical rating of 8 / 10 to MRBK.
What is the trend direction for MRBK stock?
The current trend direction for MERIDIAN CORP (MRBK) is Bullish.
Can you provide the RSI signal for MERIDIAN CORP?
MERIDIAN CORP (MRBK) has an RSI value of 66.8907. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MERIDIAN CORP?
The MACD indicator for MERIDIAN CORP (MRBK) has a value of 0.153336, indicating a bearish trend.
Can you provide the buy/sell signal for MERIDIAN CORP?
The buy/sell signal for MERIDIAN CORP (MRBK) is buy as both the short term and long term trends are positive.