(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 2025-03-24 View latest technical analysis
10 day averaged volume of Mereo Biopharma is 823540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Mar 2025 | 2.49 | 2.42 | 2.53 | 2.38 | 0.879 times |
| 21 Fri Mar 2025 | 2.38 | 2.54 | 2.57 | 2.38 | 1.267 times |
| 20 Thu Mar 2025 | 2.56 | 2.55 | 2.63 | 2.55 | 0.853 times |
| 19 Wed Mar 2025 | 2.58 | 2.55 | 2.61 | 2.52 | 0.797 times |
| 18 Tue Mar 2025 | 2.53 | 2.61 | 2.61 | 2.49 | 0.759 times |
| 17 Mon Mar 2025 | 2.63 | 2.62 | 2.66 | 2.55 | 0.717 times |
| 14 Fri Mar 2025 | 2.62 | 2.52 | 2.66 | 2.51 | 0.828 times |
| 13 Thu Mar 2025 | 2.50 | 2.55 | 2.58 | 2.47 | 0.906 times |
| 12 Wed Mar 2025 | 2.54 | 2.53 | 2.59 | 2.51 | 1.136 times |
| 11 Tue Mar 2025 | 2.51 | 2.45 | 2.56 | 2.39 | 1.325 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2.4 or till 2.3. Use a stoploss of 2.5 and if the stock hits stoploss, then it can shoot up till 2.57
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 2.25 |
| Downside Target | 2.37 |
| Upside Target | 2.53 |
| Upside Target | 2.65 |
| Upside Target | 2.80 |
| Upside Target | 2.88 |
| 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 | 2.4 |
| Downside Intraday Target | 2.32 |
| Upside Intraday Target | 2.55 |
| Upside Intraday Target | 2.62 |
| Downside Intraday Target | 2.47 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Mar 2025 | 2.49 | 2.42 | 2.53 | 2.38 | 0.2 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 |
| 28 Fri Feb 2025 | 2.40 | 2.85 | 2.88 | 2.37 | 1.993 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 |
| 24 Mon Mar 2025 | 2.49 | 2.41 | 2.66 | 2.25 | 0.847 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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
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 2.52 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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
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 2.52 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 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.