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Mereo Biopharma (MREO)
:MREO
US Market
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Mereo Biopharma Group Plc (MREO) Technical Analysis

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Technical Sentiment

Overall Consensus
Sell
6Bullish
2Neutral
14Bearish
Technical Analysis Consensus
Buy
6Bullish
2Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Mereo Biopharma’s (MREO) Moving Averages Convergence Divergence (MACD) indicator is -0.17, suggesting Mereo Biopharma is a Buy.
Mereo Biopharma’s (MREO) 20-Day exponential moving average is 3.39, while Mereo Biopharma’s (MREO) share price is $2.9, making it a Sell.
Mereo Biopharma’s (MREO) 50-Day exponential moving average is 3.61, while Mereo Biopharma’s (MREO) share price is $2.9, making it a Sell.

Mereo Biopharma Group Plc (MREO) Pivot Points

Jan 18, 2025, 02:24 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.61
2.72
2.81
2.92
3.01
3.12
3.21
Fibonacci
2.72
2.80
2.85
2.92
3.00
3.05
3.12
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Mereo Biopharma Group Plc (MREO) Moving Averages

Jan 18, 2025, 02:24 PM
Period
Simple
Exponential
MA5
3.04Sell
3.05Sell
MA10
3.37Sell
3.23Sell
MA20
3.44Sell
3.39Sell
MA50
3.61Sell
3.61Sell
MA100
3.98Sell
3.76Sell
MA200
3.75Sell
3.68Sell
Mereo Biopharma’s (MREO) 10-Day exponential moving average is 3.23, while Mereo Biopharma’s (MREO) share price is $2.9, making it a Sell.
Mereo Biopharma’s (MREO) 100-Day exponential moving average is 3.76, while Mereo Biopharma’s (MREO) share price is $2.9, making it a Sell.
Mereo Biopharma’s (MREO) stock price is $2.9 and Mereo Biopharma’s (MREO) 50-day simple moving average is 3.61, creating a Sell signal.
Mereo Biopharma’s (MREO) stock price is $2.9 and Mereo Biopharma’s (MREO) 100-day simple moving average is 3.98, creating a Sell signal.
Mereo Biopharma’s (MREO) stock price is $2.9 and Mereo Biopharma’s (MREO) 200-day simple moving average is 3.75, creating a Sell signal.

Mereo Biopharma Group Plc (MREO) Technical Indicators

Jan 18, 2025, 02:24 PM
Name
Value
Implied Action
RSI (14)
29.71
Buy
STOCH (9,6)
8.41
Buy
STOCHRSI (14)
8.23
Buy
MACD (12,26)
-0.17
Buy
ADX (14)
20.26
Neutral
Williams %R
-94.23
Buy
CCI (14)
-159.42
Buy
ATR (14)
0.25
-
Ultimate Oscillator
44.11
Neutral
ROC
-24.14
Sell
Mereo Biopharma’s (MREO) Relative Strength Index (RSI) is 29.71, creating a Buy signal.
Mereo Biopharma’s (MREO) Trend Strength Indicator (ADX) is 20.26, creating a Neutral signal.
Mereo Biopharma’s (MREO) Commodity Channel Index (CCI) is -159.42, creating a Buy signal.
Mereo Biopharma’s (MREO) Price Rate of Change (ROC) is -24.14, creating a Sell signal.

FAQ

Is MREO a Buy, Hold, or Sell?
Based on MREO’s technical indicators, MREO is a Sell.
    What is MREO’s RSI (14)?
    MREO’s RSI (14) is 29.71, which suggests MREO is a Buy.
      What is MREO’s MACD?
      MREO’s MACD is -0.17, which suggests MREO is a Buy.
        What is MREO’s 5-day moving average?
        MREO’s 5-day moving average is 3.04, which suggests MREO is a Sell.
          What is MREO’s 20-day moving average?
          MREO 20-day moving average is 3.44, which suggests MREO is a Sell.
            What is MREO’s 50-day moving average?
            MREO’s 50-day moving average is 3.61, which suggests MREO is a Sell.
              What is MREO’s 200-day moving average?
              MREO’s 200-day moving average is 3.75, which suggests MREO is a Sell.
                What is MREO’s Williams % R (14)?
                MREO’s Williams % R (14) is -94.23, which suggests MREO is a Buy.
                  What is MREO’s CCI (14)?
                  MREO’s CCI (14) is -159.42, which suggests MREO is a Buy.
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