Munafa technical analysis Mereo BioPharma Group plc MREO technical analysis buy or sell

Munafa technical analysis Mereo BioPharma Group plc MREO technical analysis buy or sell Analysis of Mereo BioPharma Group plc MREO to buy or sell for Daily, weekly or monthly

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Mereo BioPharma Group plc MREO Daily Analysis to buy or sell

As per my analysis of Mereo BioPharma Group plc MREO, 12 day returns for Mereo BioPharma Group plc MREO have been negative, with total returns of -0.05, which is -1.47% with investment starting at 3.40.
An investment of 100,000 bucks in Mereo BioPharma Group plc would have become 98530 bucks today.

Mereo BioPharma Group plc MREO moves in a range of 0.1 points on a day to day basis. This means that a total of approx 0.1 plus points of returns can be expected in a bullish day, and a total of 0.1 minus points can be expected in a bearish day.
This is about 2.99% of returns per day.

Mereo BioPharma Group plc Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mereo BioPharma Group plc MREO at this time.

It appears as if Mereo BioPharma Group plc MREO gave a large move recently.

Stock of Mereo BioPharma Group plc (MREO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...

My analysis of Mereo BioPharma Group plc is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mereo BioPharma Group plc stays below 3.4, but if it comes above 3.4, then a intra day buy could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 3.1 as target. However if you take a buy trade in Mereo BioPharma Group plc, then use 3.4 as stoploss and 3.56 as target.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Mereo BioPharma Group plc MREO

Candle stick analysis of Mereo BioPharma Group plc as on 20 Fri Dec 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 9 HC: 1.2 LC: 7.7 OC: 3.4

Mereo BioPharma Group plc is moving towards a high expiry

Candle stick analysis of Mereo BioPharma Group plc as on 19 Thu Dec 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 4.3 HC: 2.4 LC: 1.9 OC: 2.7

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 18 Wed Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 12.2 HC: 10.9 LC: 1.2 OC: 7.9

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 17 Tue Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 6.9 HC: 4.7 LC: 2.1 OC: 4.7

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 16 Mon Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 14.7 HC: 8.4 LC: 5.8 OC: 2.2

Mereo BioPharma Group plc is moving towards a low expiry

Mereo BioPharma Group plc MREO Weekly Analysis to buy or sell

As per my analysis of Mereo BioPharma Group plc MREO, 12 week returns for Mereo BioPharma Group plc MREO have been negative, with total returns of -1.05, which is -23.86% with investment starting at 4.40.
An investment of 100,000 bucks in Mereo BioPharma Group plc would have become 76140 bucks today.

Mereo BioPharma Group plc MREO moves in a range of 0.2 points on a week to week basis. This means that a total of approx 0.2 plus points of returns can be expected in a bullish week, and a total of 0.2 minus points can be expected in a bearish week.
This is about 5.97% of returns per week.

Weekly Candle Stick analysis of Mereo BioPharma Group plc MREO

Candle stick analysis of Mereo BioPharma Group plc as on 20 Fri Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 20.3 HC: 11.6 LC: 7.7 OC: 2.2

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 13 Fri Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 8.8 HC: 5.4 LC: 3.3 OC: 0

Mereo BioPharma Group plc is moving towards a low expiry

Mereo BioPharma Group plc is forming a DOJI candle

Candle stick analysis of Mereo BioPharma Group plc as on 26 Tue Nov 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 4.2 HC: 1.8 LC: 2.4 OC: 2.4

Mereo BioPharma Group plc is moving towards a high expiry

Candle stick analysis of Mereo BioPharma Group plc as on 26 Tue Nov 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 15.1 HC: 12.4 LC: 2.4 OC: 2.7

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 22 Fri Nov 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 19.8 HC: 2.4 LC: 17 OC: 5.8

Mereo BioPharma Group plc is moving towards a high expiry

Mereo BioPharma Group plc MREO Monthly Analysis to buy or sell

As per my analysis of Mereo BioPharma Group plc MREO, 12 month returns for Mereo BioPharma Group plc MREO have been negative, with total returns of -0.57, which is -14.54% with investment starting at 3.92.
An investment of 100,000 bucks in Mereo BioPharma Group plc would have become 85460 bucks today.

Mereo BioPharma Group plc MREO moves in a range of 0.6 points on a month to month basis. This means that a total of approx 0.6 plus points of returns can be expected in a bullish month, and a total of 0.6 minus points can be expected in a bearish month.
This is about 17.91% of returns per month.

Monthly Candle Stick analysis of Mereo BioPharma Group plc MREO

Candle stick analysis of Mereo BioPharma Group plc as on 20 Fri Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 26.7 HC: 17.6 LC: 7.7 OC: 0

Mereo BioPharma Group plc is moving towards a low expiry

Mereo BioPharma Group plc is forming a DOJI candle

Candle stick analysis of Mereo BioPharma Group plc as on 26 Tue Nov 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 38.4 HC: 29.4 LC: 6.9 OC: 3.5

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 25 Fri Oct 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 19.8 HC: 10.8 LC: 8.1 OC: 13.5

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 27 Fri Sep 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 23.7 HC: 15.9 LC: 6.7 OC: 2.1

Mereo BioPharma Group plc is moving towards a low expiry

Candle stick analysis of Mereo BioPharma Group plc as on 30 Fri Aug 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Mereo BioPharma Group plc are:
HL: 49.9 HC: 7 LC: 40 OC: 20.4

Mereo BioPharma Group plc is moving towards a high expiry

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