Technical Analysis for MREO - Mereo BioPharma Group plc

Grade Last Price % Change Price Change
C 2.78 -1.25% -0.04
MREO closed up 1.08 percent on Thursday, April 25, 2024, on 84 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Up

Date Alert Name Type % Chg
Wide Bands Range Expansion -1.25%
Shooting Star Candlestick Bearish -0.18%
MACD Bullish Signal Line Cross Bullish -0.18%
Wide Bands Range Expansion -0.18%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.18%
Wide Bands Range Expansion -0.18%
Oversold Stochastic Weakness -0.18%
Wide Bands Range Expansion -0.54%
Gapped Up Strength -0.54%
Oversold Stochastic Weakness -0.54%

   Recent Intraday Alerts

Alert Time
Down 2 % about 1 hour ago
Down 1% about 2 hours ago
Up 1% about 20 hours ago
60 Minute Opening Range Breakout 1 day ago
10 DMA Support 1 day ago

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Profile

Mereo is a biopharmaceutical company focused on the development and commercialization of innovative therapeutics that aim to improve outcomes for patients with rare diseases. Mereo's strategy is to selectively acquire product candidates that have substantial preclinical, clinical and manufacturing data packages. Mereo's four product candidates have previously generated positive clinical data for Mereo's target indications or in related indications. Mereo has commenced randomized Phase 2 clinical trials for all four of the product candidates. In connection with the merger with OncoMed, Mereo added two candidates to its pipeline, Navicixizumab and Etigilimab.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Rare Diseases Drug Discovery Clinical Research Clinical Trial Compugen

Is MREO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.36
52 Week Low 0.9201
Average Volume 1,222,502
200-Day Moving Average 2.29
50-Day Moving Average 3.25
20-Day Moving Average 2.96
10-Day Moving Average 2.71
Average True Range 0.18
RSI (14) 41.52
ADX 27.16
+DI 14.99
-DI 24.97
Chandelier Exit (Long, 3 ATRs) 2.95
Chandelier Exit (Short, 3 ATRs) 3.06
Upper Bollinger Bands 3.54
Lower Bollinger Band 2.38
Percent B (%b) 0.37
BandWidth 39.34
MACD Line -0.15
MACD Signal Line -0.16
MACD Histogram 0.0101
Fundamentals Value
Market Cap 394.08 Million
Num Shares 140 Million
EPS -0.32
Price-to-Earnings (P/E) Ratio -8.78
Price-to-Sales 79.09
Price-to-Book 7.70
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.08
Resistance 3 (R3) 3.05 2.94 3.04
Resistance 2 (R2) 2.94 2.87 2.95 3.02
Resistance 1 (R1) 2.87 2.83 2.91 2.90 3.00
Pivot Point 2.76 2.76 2.77 2.77 2.76
Support 1 (S1) 2.69 2.69 2.73 2.72 2.62
Support 2 (S2) 2.58 2.65 2.59 2.60
Support 3 (S3) 2.51 2.58 2.59
Support 4 (S4) 2.54