Mereo BioPharma Group PLC (MREO) Technical Analysis

$0.277

+0.010 (+3.71%)At close

Technical Sentiment

Overall Consensus

Strong sell

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Strong sell

Sell

Buy

Mereo BioPharma Group PLC (MREO) Moving Averages Convergence Divergence (MACD) indicator is -0.01, suggesting MREO is Strong sell.

Mereo BioPharma Group PLC (MREO) 20-Day simple moving average is 0.29, while Mereo BioPharma Group PLC (MREO) share price is $—, making it Sell.

Mereo BioPharma Group PLC (MREO) 60-Day simple moving average is 0.31, while Mereo BioPharma Group PLC (MREO) share price is $—, making it Sell.

Technical Analysis for MREO

AI Technical MREO

As of 2026-08-29, the technical board for Mereo BioPharma Group PLC (MREO) reads strong sell: 2 indicators are flashing buy, 8 are indicating sell, and 3 are neutral. Price at $0.28 sits below the 10-day, 20-day, 60-day and 200-day moving averages and above the 5-day.

Momentum readings: RSI stands at 43.893, MACD stands at -0.0106 (Sell), Stochastic %K stands at 17.909 (Buy), Stochastic %D stands at 11.027 and CCI stands at -78.106.

MREO trades below the 60-day SMA (0.31) and below the 200-day SMA (0.60). Immediate resistance sits at Classic R1 0.31, then R2 0.34. Support sits at Classic S1 0.25, then S2 0.22.

Mereo BioPharma Group PLC (MREO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.189	0.220	0.251	0.282	0.313	0.345	0.375
Fibonacci	0.220	0.244	0.259	0.282	0.306	0.321	0.345

Pivot Points

Mereo BioPharma Group PLC (MREO) Technical Indicators

2026-08-29

Name	Value
RSI_14	43.893
STOCHk_14_3_3	17.909
STOCHd_14_3_3	11.027
CCI_20	-78.106
AO_5_34	-0.027
MOM_10	-0.036
MACD_12_26_9	-0.011

Mereo BioPharma Group PLC (MREO) Relative Strength Index (RSI_14) is 43.893, creating a Neutral signal.

Mereo BioPharma Group PLC (MREO) Stochastic %K is 17.909, creating a Buy signal.

Mereo BioPharma Group PLC (MREO) Stochastic %D is 11.027, creating a Buy signal.

Mereo BioPharma Group PLC (MREO) CCI_20 is -78.106, creating a Neutral signal.

Mereo BioPharma Group PLC (MREO) Awesome Oscillator (AO) is -0.027, creating a Sell signal.

Mereo BioPharma Group PLC (MREO) Momentum (MOM) is -0.036, creating a Sell signal.

Mereo BioPharma Group PLC (MREO) Moving Average Convergence Divergence (MACD) is -0.011, creating a Sell signal.

Mereo BioPharma Group PLC (MREO) Moving Average

2026-08-29

Period	Simple	Signal
MA_5	0.269	Buy
MA_10	0.281	Sell
MA_20	0.292	Sell
MA_60	0.306	Sell
MA_200	0.596	Sell
MA_250	0.858	Sell

Mereo BioPharma Group PLC (MREO) 5-Day simple moving average is 0.269, while Mereo BioPharma Group PLC (MREO) share price is $, making it a Buy.

Mereo BioPharma Group PLC (MREO) 10-Day simple moving average is 0.281, while Mereo BioPharma Group PLC (MREO) share price is $, making it a Sell.

Mereo BioPharma Group PLC (MREO) 20-Day simple moving average is 0.292, while Mereo BioPharma Group PLC (MREO) share price is $, making it a Sell.

Mereo BioPharma Group PLC (MREO) 60-Day simple moving average is 0.306, while Mereo BioPharma Group PLC (MREO) share price is $, making it a Sell.

Mereo BioPharma Group PLC (MREO) 200-Day simple moving average is 0.596, while Mereo BioPharma Group PLC (MREO) share price is $, making it a Sell.

Mereo BioPharma Group PLC (MREO) 250-Day simple moving average is 0.858, while Mereo BioPharma Group PLC (MREO) share price is $, making it a Sell.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.