Meridian Waste Solutions Stock Forecast

Sell candidate since Jul 29, 2026 Gain 2.36%

The Meridian Waste Solutions Inc stock price gained 1.03% on the last trading day (Friday, 31st Jul 2026), rising from $11.16 to $11.27. During the last trading day the stock fluctuated 11.64% from a day low at $10.27 to a day high of $11.47. The price has risen in 6 of the last 10 days but is still down by -16.64% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 thousand more shares were traded than the day before. In total, 67 thousand shares were bought and sold for approximately $751.77 thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $11.09 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.94% during the next 3 months and, with a 90% probability hold a price between $13.08 and $18.83 at the end of this 3-month period.

MRDN Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 2.36%. Further rise is indicated until a new top pivot has been found. Meridian Waste Solutions Inc has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Meridian Waste Solutions Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $12.37 and $13.45. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Meridian Waste Solutions Inc stock

Meridian Waste Solutions Inc finds support from accumulated volume at $11.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.20 between high and low, or 11.64%. For the last week, the stock has had daily average volatility of 15.21%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MRDN) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Meridian Waste Solutions Inc to open at $11.00, and during the day (based on 14 day Average True Range), to move between $10.64 and $11.90, which gives a possible trading interval of +/-$1.27 (+/-11.92%) up or down from last closing price. If Meridian Waste Solutions Inc takes out the full calculated possible swing range there will be an estimated 11.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $11.19 (0.71%) than the resistance at $12.85 (14.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Meridian Waste Solutions Inc stock A Buy?

The Meridian Waste Solutions Inc stock holds several negative signals and despite the positive trend, we believe Meridian Waste Solutions Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.866 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $11.00 ( 2.38%).

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