MERIDIAN CORP (MRBK) Stock Technical Analysis
NASDAQ:MRBK • US58958P1049
Overall MRBK gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MRBK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MRBK did better than 82% of all other stocks.
- MRBK is one of the better performing stocks in the Banks industry, it outperforms 84% of 379 stocks in the same industry.
- MRBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MRBK has a been trading in the 18.15 - 21.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, MRBK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.13
6 important support areas can be observed.
- Support @19.56 from a horizontal line in the daily time frame.
- Support @17.01 from a trend line in the weekly time frame.
- Support @16.28 from a trend line in the daily time frame.
- Support @14.17 from a horizontal line in the daily time frame.
- Support @13.83 from a horizontal line in the daily time frame.
- Support @13.26 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.71 to 20.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 82.95 | POSITIVE | MRBK has a high relative strength, it outperformed 82.95% off all stocks 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) | UP | POSITIVE | The current price of MRBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.7 | NEUTRAL | The RSI value for MRBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MRBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.9 | NEUTRAL | The Stochastics value for MRBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for MRBK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.93 | POSITIVE | The high ADX value value for MRBK suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.72 | 19.55 | 1.17 (5.65%) | 17.71% |
| An entry @20.72. This is a Buy Stop order right above the resistance zone. | An exit @19.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.17 points, which is 5.65%. | When investing 17.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MRBK (2/26/2026, 3:49:25 PM)
19.975
+0.08 (+0.38%)
MERIDIAN CORP / MRBK FAQ
What is the technical rating for MRBK stock?
ChartMill assigns a technical rating of 10 / 10 to MRBK.
What is the current trend direction of MERIDIAN CORP (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 57.7026. This indicates that the stock is currently neutral.
What is the MACD signal for MRBK stock?
The MACD indicator for MERIDIAN CORP (MRBK) has a value of -0.142401, indicating a bearish trend.
What is the support and resistance level for MRBK stock?
MERIDIAN CORP (MRBK) has a support level at 19.56 and a resistance level at 20.71. Check the full technical report for our detailed analysis of MRBK support and resistance levels.