Mereo Biopharma (MREO) Technical Analysis: Signals, Charts & Indicators

1.95 / 10

Underperform

Technical score is 1.95/10, classified as Underperform. All three candlestick signals—Marubozu White, Long Lower Shadow, Long Upper Shadow—are bearish, yielding low win rates and negative average returns. The market exhibits weak momentum and heightened downside risk.

Analysis Checks(0/3)

Long Lower Shadow

Score3.06/10

Win Rate43.75%

Hist. Signals64

Avg Return2.20%

Long Upper Shadow

Score1.8/10

Win Rate39.58%

Hist. Signals48

Avg Return0.73%

Marubozu White

Score1/10

Win Rate25.00%

Hist. Signals12

Avg Return-1.17%

What is the current technical signals for MREO?

MREO presents a Underperform setup with a Technical Score of 1.95/10. Key technical indicators highlight an RSI of 37.73 and a MACD of 0.01, with the trend anchored by the 50-Day SMA at 0.43. Traders should monitor key support at 0.33 and resistance at 0.34.