(MREO) Mereo Biopharma ForceIndex charts technical analysis
(MREO) Mereo Biopharma ForceIndex charts technical analysis ForceIndex analysis of Mereo Biopharma | Buy/Sell Mereo Biopharma
Mereo Biopharma trades in USA in N A sector.
10 day averaged volume of Mereo Biopharma is 851830
| Date | Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 3.11 | 3.08 | 3.12 | 3.03 | 0.917 Mn |
| 06 Thu Feb 2025 | 3.10 | 3.21 | 3.21 | 3.07 | 0.964 Mn |
| 05 Wed Feb 2025 | 3.21 | 3.16 | 3.26 | 3.13 | 0.538 Mn |
| 04 Tue Feb 2025 | 3.16 | 2.99 | 3.18 | 2.98 | 0.944 Mn |
| 03 Mon Feb 2025 | 2.99 | 2.93 | 3.02 | 2.85 | 0.711 Mn |
| 31 Fri Jan 2025 | 3.01 | 2.95 | 3.06 | 2.95 | 1.044 Mn |
| 30 Thu Jan 2025 | 2.93 | 2.90 | 2.97 | 2.83 | 0.629 Mn |
| 29 Wed Jan 2025 | 2.93 | 2.85 | 3.02 | 2.84 | 0.722 Mn |
| 28 Tue Jan 2025 | 2.87 | 2.91 | 2.94 | 2.82 | 0.731 Mn |
| 27 Mon Jan 2025 | 2.92 | 2.86 | 2.97 | 2.82 | 1.184 Mn |
Indicators analysis of Mereo Biopharma (MREO)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mereo Biopharma ( (MREO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mereo Biopharma stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mereo Biopharma in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mereo Biopharma Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Mereo Biopharma in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mereo Biopharma is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.02 and Mereo Biopharma (MREO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mereo Biopharma (MREO) stock. Volume based technical analysis of Mereo Biopharma (MREO) stock is negative.
Mereo Biopharma Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.