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(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 2025-05-16 View latest technical analysis

10 day averaged volume of Mereo Biopharma is 1091320

Date Daily Closing Price Open High Low Volume
16 Fri May 2025 2.24 2.18 2.27 2.12 0.839 times
15 Thu May 2025 2.18 2.30 2.30 2.15 0.872 times
14 Wed May 2025 2.31 2.34 2.36 2.22 0.846 times
13 Tue May 2025 2.32 2.50 2.55 2.26 1.573 times
12 Mon May 2025 2.50 2.47 2.55 2.42 1.318 times
09 Fri May 2025 2.41 2.45 2.55 2.38 0.748 times
08 Thu May 2025 2.42 2.40 2.50 2.29 0.832 times
07 Wed May 2025 2.39 2.47 2.47 2.28 1.09 times
06 Tue May 2025 2.33 2.53 2.58 2.33 0.913 times
05 Mon May 2025 2.55 2.63 2.65 2.54 0.572 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.3, but if it comes above 2.3, then a intra day buy could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2.1 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.44 as target.

Share price targets for Mereo Biopharma (MREO)

Target Type Value
Downside Target 1.58
Downside Target 1.95
Downside Target 2.12
Upside Target 2.26
Upside Target 2.34
Upside Target 2.46
Upside Target 2.55
Upside Target 2.65
Upside Target 2.66
Upside Target 2.75
Upside Target 2.80
Upside Target 3.26
Upside Target 3.84

Intraday share price targets for Mereo Biopharma (MREO)

Target Type Value
Downside Intraday Target 2.06
Downside Intraday Target 1.87
Upside Intraday Target 2.49
Upside Intraday Target 2.73
Upside Intraday Target 2.3

Weekly technical analysis of Mereo Biopharma (MREO)

Date Weekly Closing Price Open High Low Volume
16 Fri May 2025 2.24 2.47 2.55 2.12 1.311 times
09 Fri May 2025 2.41 2.63 2.65 2.28 0.915 times
02 Fri May 2025 2.67 2.53 2.75 2.46 0.464 times
25 Fri Apr 2025 2.50 2.30 2.58 2.26 4.728 times
17 Thu Apr 2025 2.30 1.98 2.34 1.95 1.39 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
16 Fri May 2025 2.24 2.57 2.75 2.12 0.332 times
30 Wed Apr 2025 2.59 2.25 2.65 1.58 1.753 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

Scroll below to view daily charts

Price has moved down 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.

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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 2.36 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 positive

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.

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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 2.36 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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