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Stock Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

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

Sidelines Mode (-55) - MREO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.400 2.495 2.290 2.425 +0.035
Entry Signal

MarketClub’s Trade Triangles for MREO

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 3.35

intermediate term up The intermediate-term trend has been UP since Apr 21st, 2025 at 2.37

short term down The short-term trend has been DOWN since May 6th, 2025 at 2.51

Smart Scan Analysis for MREO

Based on our trend formula, MREO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MREO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.400 2.495 2.290 2.425 +0.035
Prev. Close Volume Bid Ask Time
2.420 868312 2025-05-08 15:59:16
52wk High5.0252wk High Date2024-08-23
52wk Low1.57552wk Low Date2025-04-09
Average Volume1,549,010Shares Outstanding159,000
Market Cap15MAssets126,417,000M
Liabilities38,415,000M
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