(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 2025-03-18 View latest technical analysis
10 day averaged volume of Mereo Biopharma is 1389119
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Mar 2025 | 2.53 | 2.61 | 2.61 | 2.49 | 0.45 times |
| 17 Mon Mar 2025 | 2.63 | 2.62 | 2.66 | 2.55 | 0.425 times |
| 14 Fri Mar 2025 | 2.62 | 2.52 | 2.66 | 2.51 | 0.491 times |
| 13 Thu Mar 2025 | 2.50 | 2.55 | 2.58 | 2.47 | 0.537 times |
| 12 Wed Mar 2025 | 2.54 | 2.53 | 2.59 | 2.51 | 0.673 times |
| 11 Tue Mar 2025 | 2.51 | 2.45 | 2.56 | 2.39 | 0.786 times |
| 10 Mon Mar 2025 | 2.45 | 2.46 | 2.54 | 2.39 | 0.837 times |
| 07 Fri Mar 2025 | 2.49 | 2.48 | 2.65 | 2.45 | 0.668 times |
| 06 Thu Mar 2025 | 2.51 | 2.50 | 2.55 | 2.39 | 2.835 times |
| 05 Wed Mar 2025 | 2.53 | 2.48 | 2.54 | 2.37 | 1.477 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2.4 or till 2.2. Use a stoploss of 2.56 and if the stock hits stoploss, then it can shoot up till 2.71
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 2.25 |
| Downside Target | 2.37 |
| Downside Target | 2.49 |
| Upside Target | 2.65 |
| Upside Target | 2.78 |
| Upside Target | 2.88 |
| Upside Target | 2.99 |
| Upside Target | 3.11 |
| Upside Target | 3.18 |
| Upside Target | 3.26 |
| Upside Target | 3.84 |
| Upside Target | 3.94 |
| Upside Target | 4.40 |
Intraday share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Intraday Target | 2.46 |
| Downside Intraday Target | 2.39 |
| Upside Intraday Target | 2.63 |
| Upside Intraday Target | 2.73 |
| Upside Intraday Target | 2.56 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Mar 2025 | 2.53 | 2.62 | 2.66 | 2.49 | 0.263 times |
| 14 Fri Mar 2025 | 2.62 | 2.46 | 2.66 | 2.39 | 0.447 times |
| 07 Fri Mar 2025 | 2.49 | 2.41 | 2.65 | 2.25 | 0.985 times |
| 28 Fri Feb 2025 | 2.40 | 2.85 | 2.88 | 2.37 | 1.993 times |
| 21 Fri Feb 2025 | 2.85 | 2.87 | 2.99 | 2.78 | 1.782 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 |
| 18 Tue Mar 2025 | 2.53 | 2.41 | 2.66 | 2.25 | 0.71 times |
| 28 Fri Feb 2025 | 2.40 | 2.93 | 3.26 | 2.37 | 0.811 times |
| 31 Fri Jan 2025 | 3.01 | 3.45 | 3.84 | 2.80 | 1.833 times |
| 31 Tue Dec 2024 | 3.50 | 3.94 | 3.94 | 3.11 | 0.907 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short 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.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a mid to longer 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.
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 BUY signal for Mereo Biopharma in short term but the buy signal is initial and weak.
Mereo Biopharma Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mereo Biopharma in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2.52 and Mereo Biopharma (MREO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short 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.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a mid to longer 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.
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 BUY signal for Mereo Biopharma in short term but the buy signal is initial and weak.
Mereo Biopharma Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mereo Biopharma in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2.52 and Mereo Biopharma (MREO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.