MEREO BIOPHARMA GROUP PL-ADR (MREO) Stock Technical Analysis
NASDAQ:MREO • US5894921072
We assign a technical rating of 0 out of 10 to MREO. MREO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MREO is a bad performer in the overall market: 100% of all stocks are doing better.
- MREO is part of the Biotechnology industry. There are 521 other stocks in this industry, of which 90% are performing better than MREO.
- MREO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MREO has a been trading in the 0.36 - 0.71 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MREO has an average volume of 18038000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MREO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.37
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MREO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MREO is down. |
| ChartMill Relative Strength | 0.84 | NEGATIVE | MREO has a low relative strength, it was outperformed by 99.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MREO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MREO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MREO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.54 | NEUTRAL | The RSI value for MREO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MREO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.29 | OVERSOLD | The low Stochastics value suggests MREO may be oversold. |
| Average True Range in percent/ATR (20) | 14.78 | HIGH VOLATILITY | The high ATR as a percentage value for MREO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.72 | POSITIVE | The high ADX value value for MREO suggests a strong trend. |
NASDAQ:MREO (2/17/2026, 9:31:04 AM)
0.3687
0 (-0.86%)
MEREO BIOPHARMA GROUP PL-ADR / MREO FAQ
What is the ChartMill technical rating of MEREO BIOPHARMA GROUP PL-ADR (MREO) stock?
ChartMill assigns a technical rating of 0 / 10 to MREO.
Can you provide the trend direction for MEREO BIOPHARMA GROUP PL-ADR?
The current trend direction for MEREO BIOPHARMA GROUP PL-ADR (MREO) is Bearish.
Can you provide the RSI signal for MEREO BIOPHARMA GROUP PL-ADR?
MEREO BIOPHARMA GROUP PL-ADR (MREO) has an RSI value of 31.5448. This indicates that the stock is currently neutral.
What is the short term momentum for MEREO BIOPHARMA GROUP PL-ADR (MREO) stock?
The short term momentum for MEREO BIOPHARMA GROUP PL-ADR (MREO) is negative.
What is the buy/sell signal for MEREO BIOPHARMA GROUP PL-ADR (MREO) stock?
The buy/sell signal for MEREO BIOPHARMA GROUP PL-ADR (MREO) is sell as both the short term and long term trends are negative.