Meridian Energy (MEL) stock
Meridian Energy technical analysis
Oscillators
Summary
Moving averages
| Oscillators | Value | Signal |
|---|---|---|
| RSI (14) | 48.13 | Neutral |
| Stochastic %K (14, 3, 3) | 29.29 | Neutral |
| CCI (20) | -21.01 | Neutral |
| ADX (14) | 16.18 | Neutral |
| Awesome Oscillator | -0.023 | Neutral |
| Momentum (10) | -0.14 | Sell |
| MACD (12, 26) | -0.014 | Sell |
| Stoch RSI (3, 3, 14, 14) | 21.26 | Neutral |
| Williams %R (14) | -69.7 | Neutral |
| Bull Bear Power | -0.076 | Neutral |
| Ultimate Oscillator (7, 14, 28) | 62.03 | Neutral |
| Moving averages | Value | Signal |
|---|---|---|
| EMA (10) | $5.43 | Sell |
| SMA (10) | $5.44 | Sell |
| EMA (20) | $5.44 | Sell |
| SMA (20) | $5.44 | Sell |
| EMA (30) | $5.46 | Sell |
| SMA (30) | $5.42 | Buy |
| EMA (50) | $5.50 | Sell |
| SMA (50) | $5.49 | Sell |
| EMA (100) | $5.56 | Sell |
| SMA (100) | $5.64 | Sell |
| EMA (200) | $5.62 | Sell |
| SMA (200) | $5.63 | Sell |
| Ichimoku Base Line (9, 26, 52, 26) | $5.40 | Buy |
| VWMA (20) | $5.49 | Sell |
| Hull MA (9) | $5.39 | Buy |
Support & resistance levels
Resistance
- R1$5.69+4.92%Strong
Support
- S1$5.31-1.96%Strong
- S2$5.18-4.43%Moderate
Levels are detected automatically from swing highs and lows on the daily chart and clustered by volatility (ATR). Strength reflects the number of times price reacted at each level.
| Pivot points (daily) | S3 | S2 | S1 | P | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | $5.35 | $5.37 | $5.39 | $5.41 | $5.43 | $5.45 | $5.47 |
| Fibonacci | $5.37 | $5.38 | $5.39 | $5.41 | $5.42 | $5.43 | $5.45 |
| Camarilla | $5.41 | $5.41 | $5.42 | $5.41 | $5.42 | $5.43 | $5.43 |
| Woodie | $5.36 | $5.37 | $5.40 | $5.41 | $5.44 | $5.45 | $5.48 |
| DeMark | — | — | $5.40 | $5.41 | $5.44 | — | — |
Meridian Energy price forecast
| Horizon | Bear case (95%) | Low (68%) | Trend target | High (68%) | Bull case (95%) |
|---|---|---|---|---|---|
| 5 trading days | $5.03 | $5.21 | $5.41 -0.3% | $5.61 | $5.81 |
| 21 trading days | $4.62 | $4.98 | $5.36 -1.1% | $5.77 | $6.22 |
| 63 trading days | $4.05 | $4.61 | $5.24 -3.3% | $5.96 | $6.78 |
The technical bias for Meridian Energy is bearish (overall rating: Sell).
Bullish scenario: a sustained break above $5.69 would open the way toward $5.97.
Bearish scenario: a daily close below $5.31 could extend the decline toward $5.18.
Statistical ranges are based on historical volatility and trend, not a guarantee of future prices. Not financial advice.
About Meridian Energy
Meridian Energy (MEL) shares are trading at $5.42, up +0.18% today. The company belongs to the Utilities sector and has a market capitalization of $14.41B.
The stock’s 52-week range is $5.16 – $6.05, with a price-to-earnings ratio of 108.4. It has moved -2.87% over the past week and -1.45% over the past month.
On the daily chart the overall technical rating for Meridian Energy is Sell, with the 14-day RSI at 48.1. The nearest support is at $5.31 and the nearest resistance at $5.69.
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