(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 2024-12-19 View latest technical analysis
10 day averaged volume of Mereo Biopharma is 961948
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 3.29 | 3.28 | 3.37 | 3.23 | 0.652 times |
| 18 Wed Dec 2024 | 3.31 | 3.40 | 3.67 | 3.27 | 1.586 times |
| 17 Tue Dec 2024 | 3.40 | 3.40 | 3.56 | 3.33 | 1.69 times |
| 16 Mon Dec 2024 | 3.45 | 3.66 | 3.74 | 3.26 | 2.325 times |
| 13 Fri Dec 2024 | 3.74 | 3.71 | 3.78 | 3.63 | 0.477 times |
| 12 Thu Dec 2024 | 3.73 | 3.83 | 3.90 | 3.62 | 0.667 times |
| 11 Wed Dec 2024 | 3.85 | 3.86 | 3.92 | 3.79 | 0.521 times |
| 10 Tue Dec 2024 | 3.86 | 3.82 | 3.93 | 3.75 | 0.548 times |
| 09 Mon Dec 2024 | 3.80 | 3.94 | 3.94 | 3.70 | 0.635 times |
| 26 Tue Nov 2024 | 3.40 | 3.38 | 3.46 | 3.32 | 0.775 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.4, but if it comes above 3.4, then a intra day buy could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 3.1 as target. However if you take a buy trade in stock , then use 3.4 as stoploss and 3.59 as target.
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 3.18 |
| Upside Target | 3.32 |
| Upside Target | 3.46 |
| Upside Target | 3.62 |
| Upside Target | 3.74 |
| Upside Target | 3.94 |
| Upside Target | 4.40 |
| Upside Target | 4.72 |
| Upside Target | 4.80 |
| Upside Target | 5.02 |
Intraday share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Intraday Target | 3.1 |
| Downside Intraday Target | 2.91 |
| Upside Intraday Target | 3.61 |
| Upside Intraday Target | 3.93 |
| Upside Intraday Target | 3.42 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 3.29 | 3.66 | 3.74 | 3.23 | 2.196 times |
| 13 Fri Dec 2024 | 3.74 | 3.94 | 3.94 | 3.62 | 3.674 times |
| 26 Tue Nov 2024 | 3.40 | 3.38 | 3.46 | 3.32 | 0.398 times |
| 26 Tue Nov 2024 | 3.40 | 3.72 | 3.82 | 3.32 | 0.352 times |
| 22 Fri Nov 2024 | 3.72 | 3.60 | 3.81 | 3.18 | 0.876 times |
Price has moved down 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 |
| 19 Thu Dec 2024 | 3.29 | 3.94 | 3.94 | 3.23 | 0.518 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 |
| 30 Mon Sep 2024 | 4.11 | 4.70 | 4.80 | 3.88 | 0.715 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 gaining 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 3.5 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 gaining 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 3.5 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.