Mereo Biopharma Group Plc (MREO)
NASDAQ:MREO

Mereo Biopharma Group Plc (MREO) Technical Analysis

529 Followers

Technical Sentiment

Overall Consensus
Strong Buy
15Bullish
6Neutral
1Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Mereo Biopharma Group Plc’s (MREO) Moving Averages Convergence Divergence (MACD) indicator is 0.12, suggesting Mereo Biopharma Group Plc is a Sell.
Mereo Biopharma Group Plc’s (MREO) 20-Day exponential moving average is 3.91, while Mereo Biopharma Group Plc’s (MREO) share price is $4.155, making it a Buy.
Mereo Biopharma Group Plc’s (MREO) 50-Day exponential moving average is 3.69, while Mereo Biopharma Group Plc’s (MREO) share price is $4.155, making it a Buy.

Mereo Biopharma Group Plc (MREO) Pivot Points

Jul 28, 2024, 03:25 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.52
3.71
3.89
4.08
4.27
4.45
4.64
Fibonacci
3.71
3.85
3.94
4.08
4.22
4.31
4.45
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

Jul 28, 2024, 03:25 AM
Period
Simple
Exponential
MA5
4.06Buy
4.07Buy
MA10
4.02Buy
4.01Buy
MA20
3.87Buy
3.91Buy
MA50
3.65Buy
3.69Buy
MA100
3.36Buy
3.44Buy
MA200
2.99Buy
2.91Buy
Mereo Biopharma Group Plc’s (MREO) 10-Day exponential moving average is 4.01, while Mereo Biopharma Group Plc’s (MREO) share price is $4.155, making it a Buy.
Mereo Biopharma Group Plc’s (MREO) 100-Day exponential moving average is 3.44, while Mereo Biopharma Group Plc’s (MREO) share price is $4.155, making it a Buy.
Mereo Biopharma Group Plc’s (MREO) stock price is $4.155 and Mereo Biopharma Group Plc’s (MREO) 50-day simple moving average is 3.65, creating a Buy signal.
Mereo Biopharma Group Plc’s (MREO) stock price is $4.155 and Mereo Biopharma Group Plc’s (MREO) 100-day simple moving average is 3.36, creating a Buy signal.
Mereo Biopharma Group Plc’s (MREO) stock price is $4.155 and Mereo Biopharma Group Plc’s (MREO) 200-day simple moving average is 2.99, creating a Buy signal.

Mereo Biopharma Group Plc (MREO) Technical Indicators

Jul 28, 2024, 03:25 AM
Name
Value
Implied Action
RSI (14)
60.73
Neutral
STOCH (9,6)
55.61
Neutral
STOCHRSI (14)
65.65
Neutral
MACD (12,26)
0.12
Sell
ADX (14)
30.29
Neutral
Williams %R
-23.38
Buy
CCI (14)
91.71
Neutral
ATR (14)
0.25
-
Ultimate Oscillator
60.77
Neutral
ROC
13.35
Buy
Mereo Biopharma Group Plc’s (MREO) Relative Strength Index (RSI) is 60.73, creating a Neutral signal.
Mereo Biopharma Group Plc’s (MREO) Trend Strength Indicator (ADX) is 30.29, creating a Neutral signal.
Mereo Biopharma Group Plc’s (MREO) Commodity Channel Index (CCI) is 91.71, creating a Neutral signal.
Mereo Biopharma Group Plc’s (MREO) Price Rate of Change (ROC) is 13.35, creating a Buy signal.

FAQ

Is MREO a Buy, Hold, or Sell?
Based on MREO’s technical indicators, MREO is a Strong Buy.
    What is MREO’s RSI (14)?
    MREO’s RSI (14) is 60.73, which suggests MREO is a Neutral.
      What is MREO’s MACD?
      MREO’s MACD is 0.12, which suggests MREO is a Sell.
        What is MREO’s 5-day moving average?
        MREO’s 5-day moving average is 4.06, which suggests MREO is a Buy.
          What is MREO’s 20-day moving average?
          MREO 20-day moving average is 3.87, which suggests MREO is a Buy.
            What is MREO’s 50-day moving average?
            MREO’s 50-day moving average is 3.65, which suggests MREO is a Buy.
              What is MREO’s 200-day moving average?
              MREO’s 200-day moving average is 2.99, which suggests MREO is a Buy.
                What is MREO’s Williams % R (14)?
                MREO’s Williams % R (14) is -23.38, which suggests MREO is a Buy.
                  What is MREO’s CCI (14)?
                  MREO’s CCI (14) is 91.71, which suggests MREO is a Neutral.
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