(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 2024-12-11 View latest technical analysis
10 day averaged volume of Mereo Biopharma is 908295
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 3.85 | 3.86 | 3.92 | 3.79 | 0.552 times |
| 10 Tue Dec 2024 | 3.86 | 3.82 | 3.93 | 3.75 | 0.581 times |
| 09 Mon Dec 2024 | 3.80 | 3.94 | 3.94 | 3.70 | 0.672 times |
| 26 Tue Nov 2024 | 3.40 | 3.38 | 3.46 | 3.32 | 0.821 times |
| 26 Tue Nov 2024 | 3.40 | 3.38 | 3.46 | 3.32 | 0.821 times |
| 25 Mon Nov 2024 | 3.38 | 3.72 | 3.82 | 3.36 | 1.243 times |
| 22 Fri Nov 2024 | 3.72 | 3.70 | 3.81 | 3.65 | 0.915 times |
| 21 Thu Nov 2024 | 3.68 | 3.60 | 3.69 | 3.45 | 0.952 times |
| 20 Wed Nov 2024 | 3.58 | 3.47 | 3.59 | 3.40 | 0.801 times |
| 19 Tue Nov 2024 | 3.49 | 3.28 | 3.49 | 3.21 | 1.031 times |
My analysis of stock is bullish for shortterm, and stock might move up till 4.1 or till 4.5. Use a stoploss of 3.79 and if this stock hits its stoploss, then it can fall down till 3.49
Share price targets for Mereo Biopharma (MREO)
| Target Type | Value |
| Downside Target | 3.18 |
| Downside Target | 3.32 |
| Downside Target | 3.46 |
| Downside Target | 3.70 |
| Downside Target | 3.81 |
| 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 | 3.72 |
| Downside Intraday Target | 3.59 |
| Upside Intraday Target | 3.96 |
| Upside Intraday Target | 4.07 |
| Downside Intraday Target | 3.83 |
Weekly technical analysis of Mereo Biopharma (MREO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 3.85 | 3.94 | 3.94 | 3.70 | 2.198 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 |
| 15 Fri Nov 2024 | 3.53 | 4.29 | 4.40 | 3.51 | 2.547 times |
Price has moved up 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 |
| 11 Wed Dec 2024 | 3.85 | 3.94 | 3.94 | 3.70 | 0.097 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.
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 buy signal for Mereo Biopharma in short term and BUY 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
Although the stock is in the SELL zone, but selling 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 3.59 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 rising upwards.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.
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 buy signal for Mereo Biopharma in short term and BUY 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
Although the stock is in the SELL zone, but selling 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 3.59 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 rising upwards.
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.