MERIDIAN HOLDINGS INC (MRDN) Technical Analysis
NASDAQ:MRDN • US3810983003
Current stock price
MRDN Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to MRDN. In the last year, MRDN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than MRDN.
- MRDN is one of the lesser performing stocks in the Entertainment industry. 85% of 79 stocks in the same industry do better.
- In the last month MRDN has a been trading in the 6.63 - 10.76 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Both the short term and long term trends are positive. This is a very positive sign.
MRDN Weekly and Daily overview Charts
MRDN Setup Rating and Analysis
The technical rating of MRDN is bad and it also does not present a quality setup 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
MRDN Support and Resistance Analysis
MRDN 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 MRDN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRDN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MRDN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRDN is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 30.06 | NEUTRAL | The RSI value for MRDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests MRDN has a negative trend. |
| Stochastics (14,3) | 9.78 | OVERSOLD | The low Stochastics value suggests MRDN may be oversold. |
| Average True Range in percent/ATR (20) | 10.1 | HIGH VOLATILITY | The high ATR as a percentage value for MRDN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.71 | POSITIVE | The high ADX value value for MRDN suggests a strong trend. |
MRDN Chart- and CandleStick Pattern Analysis
MRDN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MRDN (4/2/2026, 8:00:01 PM)
6.89
-0.08 (-1.15%)
MERIDIAN HOLDINGS INC / MRDN TA FAQ
What is the ChartMill technical rating of MERIDIAN HOLDINGS INC (MRDN) stock?
ChartMill assigns a technical rating of 3 / 10 to MRDN.
What is the trend direction for MRDN stock?
The current trend direction for MERIDIAN HOLDINGS INC (MRDN) is Bullish.
Can you provide the RSI signal for MERIDIAN HOLDINGS INC?
MERIDIAN HOLDINGS INC (MRDN) has an RSI value of 30.0582. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MERIDIAN HOLDINGS INC?
The MACD indicator for MERIDIAN HOLDINGS INC (MRDN) has a value of -0.497526, indicating a bearish trend.
What is the short term momentum for MERIDIAN HOLDINGS INC (MRDN) stock?
The short term momentum for MERIDIAN HOLDINGS INC (MRDN) is positive.