(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.
10 day averaged volume of Mereo Biopharma is 1607060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 2.92 | 2.86 | 2.97 | 2.82 | 0.736 times |
| 24 Fri Jan 2025 | 2.91 | 3.10 | 3.14 | 2.86 | 0.654 times |
| 23 Thu Jan 2025 | 3.10 | 2.90 | 3.11 | 2.84 | 0.944 times |
| 22 Wed Jan 2025 | 2.92 | 3.02 | 3.05 | 2.87 | 1.393 times |
| 21 Tue Jan 2025 | 2.99 | 2.86 | 3.04 | 2.86 | 0.618 times |
| 17 Fri Jan 2025 | 2.86 | 2.89 | 2.93 | 2.80 | 0.726 times |
| 17 Fri Jan 2025 | 2.86 | 2.89 | 2.93 | 2.80 | 0.726 times |
| 16 Thu Jan 2025 | 2.90 | 3.03 | 3.03 | 2.83 | 1.195 times |
| 15 Wed Jan 2025 | 3.03 | 3.07 | 3.17 | 2.97 | 0.707 times |
| 14 Tue Jan 2025 | 3.06 | 3.39 | 3.39 | 2.91 | 1.445 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 2.9 as stoploss in an intra day buy trade for a target of 3.28. However, stock will show a bearish move below 2.9.
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 2.80 |
| Upside Target | 2.93 |
| Upside Target | 3.11 |
| Upside Target | 3.39 |
| Upside Target | 3.84 |
| Upside Target | 3.88 |
| Upside Target | 3.94 |
| Upside Target | 4.40 |
| Upside Target | 4.72 |
| Upside Target | 4.80 |
Intraday share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Intraday Target | 2.84 |
| Downside Intraday Target | 2.75 |
| Upside Intraday Target | 2.99 |
| Upside Intraday Target | 3.05 |
| Downside Intraday Target | 2.9 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 2.92 | 2.86 | 2.97 | 2.82 | 0.204 times |
| 24 Fri Jan 2025 | 2.91 | 2.86 | 3.14 | 2.84 | 4.969 times |
| 17 Fri Jan 2025 | 2.86 | 2.89 | 2.93 | 2.80 | 0.128 times |
| 17 Fri Jan 2025 | 2.86 | 3.30 | 3.39 | 2.80 | 3.288 times |
| 10 Fri Jan 2025 | 3.55 | 3.76 | 3.84 | 3.42 | 1.134 times |
Price has moved up 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 |
| 27 Mon Jan 2025 | 2.92 | 3.45 | 3.84 | 2.80 | 1.629 times |
| 31 Tue Dec 2024 | 3.50 | 3.94 | 3.94 | 3.11 | 0.907 times |
| 26 Tue Nov 2024 | 3.40 | 4.23 | 4.40 | 3.18 | 1.198 times |
| 31 Thu Oct 2024 | 4.21 | 4.15 | 4.72 | 3.94 | 0.879 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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.
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 below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Mereo Biopharma in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 2.96 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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.
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 below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Mereo Biopharma in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 2.96 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.