(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 2025-04-02 View latest technical analysis
10 day averaged volume of Mereo Biopharma is 887980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Apr 2025 | 2.37 | 2.12 | 2.37 | 2.11 | 1.772 times |
| 01 Tue Apr 2025 | 2.17 | 2.25 | 2.26 | 2.11 | 1.633 times |
| 31 Mon Mar 2025 | 2.25 | 2.26 | 2.27 | 2.16 | 1.731 times |
| 28 Fri Mar 2025 | 2.30 | 2.41 | 2.48 | 2.28 | 0.977 times |
| 24 Mon Mar 2025 | 2.49 | 2.42 | 2.53 | 2.38 | 0.816 times |
| 21 Fri Mar 2025 | 2.38 | 2.54 | 2.57 | 2.38 | 1.175 times |
| 20 Thu Mar 2025 | 2.56 | 2.55 | 2.63 | 2.55 | 0.791 times |
| 19 Wed Mar 2025 | 2.58 | 2.55 | 2.61 | 2.52 | 0.739 times |
| 18 Tue Mar 2025 | 2.53 | 2.61 | 2.61 | 2.49 | 0.704 times |
| 17 Mon Mar 2025 | 2.63 | 2.62 | 2.66 | 2.55 | 0.665 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 2.3 as stoploss in an intra day buy trade for a target of 2.46. However, stock will show a bearish move below 2.3.
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 2.11 |
| Downside Target | 2.16 |
| Downside Target | 2.25 |
| Downside Target | 2.37 |
| Upside Target | 2.53 |
| Upside Target | 2.65 |
| Upside Target | 2.66 |
| Upside Target | 2.80 |
| Upside Target | 3.11 |
| Upside Target | 3.26 |
| Upside Target | 3.84 |
| Upside Target | 3.94 |
Intraday share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Intraday Target | 2.2 |
| Downside Intraday Target | 2.02 |
| Upside Intraday Target | 2.46 |
| Upside Intraday Target | 2.54 |
| Downside Intraday Target | 2.28 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Apr 2025 | 2.37 | 2.26 | 2.37 | 2.11 | 2.864 times |
| 28 Fri Mar 2025 | 2.30 | 2.42 | 2.53 | 2.28 | 0.44 times |
| 21 Fri Mar 2025 | 2.38 | 2.62 | 2.66 | 2.38 | 0.784 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mereo Biopharma (MREO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Wed Apr 2025 | 2.37 | 2.25 | 2.37 | 2.11 | 0.139 times |
| 31 Mon Mar 2025 | 2.25 | 2.41 | 2.66 | 2.16 | 0.953 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 |
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 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 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 SELL signal for Mereo Biopharma in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mereo Biopharma Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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
Stock of Mereo Biopharma is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.38 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 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 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 SELL signal for Mereo Biopharma in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mereo Biopharma Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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
Stock of Mereo Biopharma is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.38 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.