MERIDIAN CORP (MRBK) Technical Analysis
NASDAQ:MRBK • US58958P1049
Current stock price
MRBK Technical Rating and Analysis
Taking everything into account, MRBK scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month MRBK has a been trading in the 18.10 - 21.67 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that MRBK is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, MRBK also shows a nice and consistent pattern of rising prices.
- MRBK is part of the Banks industry. There are 380 other stocks in this industry. MRBK outperforms 87% of them.
- MRBK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MRBK is performing more or less in line with the market.
MRBK Weekly and Daily overview Charts
MRBK Setup Rating and Analysis
MRBK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MRBK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MRBK Support and Resistance Analysis
12.24
We found 6 important support areas.
- A support zone ranging from 18.48 to 18.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.77 from a trend line in the weekly time frame.
- Support @17.00 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 @12.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important 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.
MRBK Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for MRBK is neutral. |
| ChartMill Relative Strength | 83.03 | POSITIVE | MRBK has a high relative strength, it outperformed 83.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRBK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MRBK is below 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) | 52.3 | NEUTRAL | The RSI value for MRBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MRBK has a positive trend. |
| Stochastics (14,3) | 51.12 | NEUTRAL | The Stochastics value for MRBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for MRBK suggests some volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for MRBK suggests a possible start of a new trend. |
MRBK Chart- and CandleStick Pattern Analysis
MRBK Example Setup
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 |
|---|---|---|---|
| 19.71 | 18.47 | 1.24 (6.29%) | 15.90% |
| An entry @19.71. This is a Buy Stop order right above the 10 day high. | An exit @18.47. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.24 points, which is 6.29%. | For a 1.00% total portfolio risk, you can invest 15.90% of your capital in this trade. |
- 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.
MRBK Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MRBK (4/2/2026, 3:00:19 PM)
19.18
+0.08 (+0.42%)
MERIDIAN CORP / MRBK TA FAQ
What is the technical rating for MRBK stock?
ChartMill assigns a technical rating of 8 / 10 to MRBK.
What is the current trend direction of MERIDIAN CORP (MRBK) stock?
The current trend direction for MERIDIAN CORP (MRBK) is Bullish.
What is the RSI signal for MRBK stock?
MERIDIAN CORP (MRBK) has an RSI value of 52.3022. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MERIDIAN CORP?
MERIDIAN CORP (MRBK) has a support level at 18.98 and a resistance level at 20.71. Check the full technical report for our detailed analysis of MRBK support and resistance levels.