Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Meridian Bancorp, Inc. (NASDAQ:EBSB)
Bull Market Weakness (+75) - EBSB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EBSB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EBSB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EBSB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EBSB
The long-term trend has been UP since Nov 3rd, 2020 at 13.00
The intermediate-term trend has been UP since Sep 27th, 2021 at 20.72
The short-term trend has been DOWN since Oct 25th, 2021 at 22.34
Smart Scan Analysis for EBSB
Based on our trend formula, EBSB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||21.85||Year High Date||2018-01-16|
|Year Low||15.25||Year Low Date||2018-10-24|
|52wk High||23.28||52wk High Date||2021-10-22|
|52wk Low||11.41||52wk Low Date||2020-10-28|
|Year End Close||16.78||Average Volume||271,312|
|Shares Outstanding||52,613||Short Interest||130,023|
|% Institutional||25.4||Market Cap||988M|