(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 2025-01-08 View latest technical analysis
10 day averaged volume of Mereo Biopharma is 921085
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 3.76 | 3.76 | 3.84 | 3.68 | 0.79 times |
| 08 Wed Jan 2025 | 3.76 | 3.76 | 3.84 | 3.68 | 0.79 times |
| 07 Tue Jan 2025 | 3.76 | 3.75 | 3.79 | 3.68 | 0.651 times |
| 06 Mon Jan 2025 | 3.76 | 3.80 | 3.83 | 3.67 | 1.21 times |
| 03 Fri Jan 2025 | 3.73 | 3.45 | 3.75 | 3.42 | 1.107 times |
| 02 Thu Jan 2025 | 3.42 | 3.45 | 3.66 | 3.41 | 1.594 times |
| 31 Tue Dec 2024 | 3.50 | 3.52 | 3.59 | 3.43 | 0.867 times |
| 30 Mon Dec 2024 | 3.52 | 3.64 | 3.71 | 3.47 | 0.759 times |
| 27 Fri Dec 2024 | 3.73 | 3.73 | 3.76 | 3.58 | 0.675 times |
| 26 Thu Dec 2024 | 3.77 | 3.74 | 3.84 | 3.65 | 0.745 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3.8 as stoploss in an intra day sell trade for a target of 3.6. However, stock will show a bullish move above 3.8.
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 3.11 |
| Downside Target | 3.18 |
| Downside Target | 3.41 |
| Downside Target | 3.67 |
| 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 | 3.68 |
| Downside Intraday Target | 3.6 |
| Upside Intraday Target | 3.84 |
| Upside Intraday Target | 3.92 |
| Downside Intraday Target | 3.76 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 3.76 | 3.76 | 3.84 | 3.68 | 0.298 times |
| 08 Wed Jan 2025 | 3.76 | 3.80 | 3.84 | 3.67 | 0.613 times |
| 03 Fri Jan 2025 | 3.73 | 3.64 | 3.75 | 3.41 | 1.206 times |
| 27 Fri Dec 2024 | 3.73 | 3.35 | 3.88 | 3.22 | 0.425 times |
| 20 Fri Dec 2024 | 3.35 | 3.66 | 3.74 | 3.11 | 2.839 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 |
| 08 Wed Jan 2025 | 3.76 | 3.45 | 3.84 | 3.41 | 0.369 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 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mereo Biopharma in short term
RSI is generating a BUY signal in short term but buying is losing 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 3.65 and Mereo Biopharma (MREO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mereo Biopharma in short term
RSI is generating a BUY signal in short term but buying is losing 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 3.65 and Mereo Biopharma (MREO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.