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Mereo BioPharma Group plc

MREO•NASDAQ
Healthcare
Biotechnology
$0.39
$-0.00(-0.23%)
U.S. Market opens in 23h 46m

Mereo BioPharma Group plc (MREO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mereo BioPharma Group plc (NASDAQ:MREO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MREO Technical Analysis Summary

Mereo BioPharma Group plc stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.70)
Trend Strength:Strong (ADX: 34.27)
Volatility:High (ATR: 0.05)
Support/Resistance:$0.37 – $0.43 (Bollinger Bands)

This mix signals that Mereo BioPharma Group plc is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 37.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.19

Neutral
Mid-range signal with no clear trend.

Williams %R: -43.87

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -7.67

Strongly Bearish
Sharp downside momentum.

Takeaway:Mereo BioPharma Group plc shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.27

Strong
Strong trend, momentum well established.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): -7.34

Neutral
Neutral, no strong directional signal.

Takeaway:Mereo BioPharma Group plc shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.43
Middle Band (SMA 20)
$0.40
Lower Band
$0.37
Current Position
Within Bands

Takeaway:Mereo BioPharma Group plc trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.51
Middle Line (EMA 20)
$0.41
Lower Channel
$0.32
Squeeze Status
Squeeze On

Takeaway:Mereo BioPharma Group plc trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-63.76M
Money Flow Index35.37Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.64Bearish, price momentum favors sellers.

Overall Takeaway:MREO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Mereo BioPharma Group plc, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mereo BioPharma Group plc shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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