Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Meridian Corporation (NASDAQ:MRBK)
Long-Term Downtrend (-90) - MRBK is in a strong downtrend that is likely to continue. While MRBK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MRBK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRBK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MRBK
The long-term trend has been DOWN since Feb 7th, 2024 at 9.8650
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 9.3600
The short-term trend has been DOWN since Apr 1st, 2024 at 9.9002
Smart Scan Analysis for MRBK
Based on our trend formula, MRBK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.4700 | 9.0000 | 8.6063 | 8.6200 | +0.1900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.4300 | 10970 | 2024-04-19 12:02:55 |
| Year High | 20.79 | Year High Date | 2018-01-05 |
| Year Low | 15.26 | Year Low Date | 2018-10-25 |
| 52wk High | 14.24 | 52wk High Date | 2023-12-28 |
| 52wk Low | 7.795 | 52wk Low Date | 2023-05-04 |
| Average Volume | 6,653 | Shares Outstanding | 11,186 |
| Market Cap | 112M | Assets | 224,619,300M |
| Liabilities | 208,817,100M | P/E Ratio | 7.2672 |
| Volatility | 30.47 |