Technical Analysis for MREO - Mereo BioPharma Group plc

Grade Last Price % Change Price Change
B 3.63 0.83% 0.03
MREO closed up 0.83 percent on Monday, July 1, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Gapped Down Weakness 0.00%
Wide Bands Range Expansion 0.83%
1,2,3 Pullback Bullish Bullish Swing Setup 4.31%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 4.31%
NR7 Range Contraction 4.31%
Stochastic Reached Oversold Weakness 4.31%
Inside Day Range Contraction 4.31%
Wide Bands Range Expansion 4.31%
Down 3 Days in a Row Weakness 4.31%
Down 4 Days in a Row Weakness 4.31%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 6 hours ago
Possible Inside Day about 6 hours ago
Gap Down Closed about 8 hours ago
Gap Down Partially Closed about 10 hours ago
Gapped Down (Partial) about 10 hours 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 Drug Discovery Rare Diseases 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 4.5
52 Week Low 1.07
Average Volume 1,142,814
200-Day Moving Average 2.76
50-Day Moving Average 3.31
20-Day Moving Average 3.69
10-Day Moving Average 3.76
Average True Range 0.28
RSI (14) 51.92
ADX 30.9
+DI 22.94
-DI 18.42
Chandelier Exit (Long, 3 ATRs) 3.67
Chandelier Exit (Short, 3 ATRs) 4.09
Upper Bollinger Bands 4.24
Lower Bollinger Band 3.14
Percent B (%b) 0.45
BandWidth 29.90
MACD Line 0.08
MACD Signal Line 0.14
MACD Histogram -0.0571
Fundamentals Value
Market Cap 509.08 Million
Num Shares 140 Million
EPS -0.32
Price-to-Earnings (P/E) Ratio -11.34
Price-to-Sales 79.09
Price-to-Book 7.70
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.93
Resistance 3 (R3) 3.91 3.78 3.88
Resistance 2 (R2) 3.78 3.71 3.80 3.86
Resistance 1 (R1) 3.71 3.66 3.75 3.73 3.85
Pivot Point 3.58 3.58 3.60 3.60 3.58
Support 1 (S1) 3.51 3.51 3.55 3.53 3.41
Support 2 (S2) 3.38 3.46 3.40 3.40
Support 3 (S3) 3.31 3.38 3.38
Support 4 (S4) 3.33