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Stock Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

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

Long-Term Downtrend (-90) - MREO is in a strong downtrend that is likely to continue. While MREO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.1800 1.2400 1.1101 1.2100 +0.0100
Entry Signal

MarketClub’s Trade Triangles for MREO

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 2.77

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2021 at 2.11

short term down The short-term trend has been DOWN since Jan 5th, 2022 at 1.58

Smart Scan Analysis for MREO

Based on our trend formula, MREO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MREO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1800 1.2400 1.1101 1.2100 +0.0100
Prev. Close Volume Bid Ask Time
1.2100 507549 2022-01-25 15:59:46
52wk High4.711252wk High Date2021-02-22
52wk Low1.0552wk Low Date2022-01-24
Average Volume841,663Shares Outstanding102,968
Market Cap15MAssets62,947,000M
Liabilities77,918,000M
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