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Stock Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Mereo BioPharma Group plc - American Depositary Shares (NASDAQ:MREO)

Weak Downtrend (-65) - MREO is showing signs of a strengthening downtrend. Monitor MREO as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MREO?

MarketClub looks at technical strength and momentum to determine if the timing is right for MREO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MREO
Open High Low MREO Price Change
3.33 3.49 3.33 3.38 +0.08
Entry Signal

MarketClub’s Trade Triangles for MREO

long term up The long-term trend has been UP since Dec 18th, 2020 at 3.100

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2021 at 3.360

short term down The short-term trend has been DOWN since May 6th, 2021 at 3.305

Smart Scan Analysis for MREO

Based on our trend formula, MREO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MREO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.33 3.49 3.33 3.38 +0.08
Prev. Close Volume Bid Ask Time
3.37 461077 2021-05-07 15:59:57
52wk High4.711252wk High Date2021-02-22
52wk Low1.1352wk Low Date2020-05-08
Average Volume1,187,312Shares Outstanding102,968
Market Cap15MAssets62,947,000M
Liabilities77,918,000M
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