(MREO) Mereo Biopharma complete technical analysis [charts+indicators] | Buy/Sell Mereo Biopharma | (MREO) share price targets
Complete technical analysis of Mereo Biopharma (MREO) by charts plus indicators, forecast predictions and share price targets for Mereo Biopharma (MREO)
Mereo Biopharma trades in USA in N A sector.
Showing technical analysis as on 2024-10-25 View latest technical analysis
10 day averaged volume of Mereo Biopharma is 571190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 4.26 | 4.33 | 4.42 | 4.25 | 0.709 times |
| 24 Thu Oct 2024 | 4.35 | 4.27 | 4.35 | 4.19 | 1.042 times |
| 23 Wed Oct 2024 | 4.25 | 4.31 | 4.33 | 4.05 | 1.236 times |
| 22 Tue Oct 2024 | 4.37 | 4.50 | 4.60 | 4.32 | 1.091 times |
| 21 Mon Oct 2024 | 4.53 | 4.61 | 4.72 | 4.37 | 0.764 times |
| 18 Fri Oct 2024 | 4.62 | 4.53 | 4.64 | 4.49 | 0.709 times |
| 17 Thu Oct 2024 | 4.56 | 4.51 | 4.64 | 4.42 | 1.315 times |
| 16 Wed Oct 2024 | 4.51 | 4.59 | 4.60 | 4.46 | 0.901 times |
| 15 Tue Oct 2024 | 4.54 | 4.43 | 4.55 | 4.34 | 0.777 times |
| 14 Mon Oct 2024 | 4.47 | 4.29 | 4.49 | 4.20 | 1.197 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.2 as stoploss in an intra day buy trade for a target of 4.34. However, stock will show a bearish move below 4.2.
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 3.26 |
| Downside Target | 3.35 |
| Downside Target | 3.88 |
| Downside Target | 4.05 |
| Downside Target | 4.20 |
| Upside Target | 4.40 |
| Upside Target | 4.50 |
| Upside Target | 4.64 |
| Upside Target | 4.72 |
| Upside Target | 4.80 |
| Upside Target | 5.02 |
Intraday share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Intraday Target | 3.97 |
| Downside Intraday Target | 3.67 |
| Upside Intraday Target | 4.64 |
| Upside Intraday Target | 5.01 |
| Upside Intraday Target | 4.34 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 4.26 | 4.61 | 4.72 | 4.05 | 0.989 times |
| 18 Fri Oct 2024 | 4.62 | 4.29 | 4.64 | 4.20 | 1.071 times |
| 11 Fri Oct 2024 | 4.34 | 4.39 | 4.40 | 4.07 | 0.591 times |
| 04 Fri Oct 2024 | 4.40 | 4.16 | 4.50 | 3.94 | 1.63 times |
| 27 Fri Sep 2024 | 4.14 | 4.24 | 4.24 | 3.95 | 0.426 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mereo Biopharma (MREO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 4.26 | 4.15 | 4.72 | 3.94 | 0.748 times |
| 30 Mon Sep 2024 | 4.11 | 4.70 | 4.80 | 3.88 | 0.715 times |
| 30 Fri Aug 2024 | 4.69 | 4.06 | 5.02 | 3.35 | 1.179 times |
| 31 Wed Jul 2024 | 4.06 | 3.51 | 4.42 | 3.37 | 0.59 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mereo Biopharma (MREO)
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mereo Biopharma stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mereo Biopharma in short term but the sell signal is initial and weak.
Mereo Biopharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mereo Biopharma in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mereo Biopharma is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.44 and Mereo Biopharma (MREO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mereo Biopharma (MREO) stock. Volume based technical analysis of Mereo Biopharma (MREO) stock is negative.
Mereo Biopharma Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mereo Biopharma stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mereo Biopharma in short term but the sell signal is initial and weak.
Mereo Biopharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mereo Biopharma in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mereo Biopharma is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.44 and Mereo Biopharma (MREO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mereo Biopharma (MREO) stock. Volume based technical analysis of Mereo Biopharma (MREO) stock is negative.
Mereo Biopharma Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.