Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

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
3.00 3.29 2.96 3.16 +0.22
Entry Signal

MarketClub’s Trade Triangles for MREO

long term up The long-term trend has been UP since Dec 18th, 2020 at 3.10

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2021 at 3.36

short term up The short-term trend has been UP since May 13th, 2021 at 3.39

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
3.00 3.29 2.96 3.16 +0.22
Prev. Close Volume Bid Ask Time
2.94 913574 2021-05-18 13:11:57
52wk High4.711252wk High Date2021-02-22
52wk Low1.1952wk Low Date2020-05-22
Average Volume1,051,884Shares Outstanding102,968
Market Cap15MAssets62,947,000M
Liabilities77,918,000M
Get a free daily analysis and signals for Mereo BioPharma Group plc - American Depositary Shares (MREO) - Request Your Free Report.