MREO Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Mereo BioPharma Group PLC (MREO) Moving Averages Convergence Divergence (MACD) indicator is -0.13, suggesting MREO is Strong Sell.

Mereo BioPharma Group PLC (MREO) 20-Day simple moving average is 0.437, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it Sell.

Mereo BioPharma Group PLC (MREO) 60-Day simple moving average is 1.12, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it Sell.

Technical Analysis for MREO

Technical Sentiment Analysis for Mereo BioPharma Group PLC (MREO) As of 2026-02-18, Mereo BioPharma Group PLC (MREO) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 indicators are flashing buy, while 8 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MREO stands at 36.948, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.13, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 35.36 and the Commodity Channel Index (CCI) at -24.867 further confirm a -0.0005 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MREO is trading below its 60-day moving average of $1.12 and below its 200-day long-term moving average of $1.778. Key price levels to watch include the immediate resistance at $0.449 and strong support at $0.35. A break above $0.449 could signal a bull continuation, while falling below $0.35 may test the next Fibonacci floor at $0.301.

Mereo BioPharma Group PLC (MREO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.251	0.301	0.35	0.4	0.449	0.499	0.548
Fibonacci	0.301	0.338	0.362	0.4	0.437	0.461	0.499

Mereo BioPharma Group PLC (MREO) Technical Indicators

2026-02-18

Name	Value
RSI_14	36.948
STOCHk_14_3_3	35.36
STOCHd_14_3_3	25.822
CCI_20	-24.867
AO_5_34	-0.0732
MOM_10	-0.0005
MACD_12_26_9	-0.13

Mereo BioPharma Group PLC (MREO) Relative Strength Index (RSI) is 36.948, creating a Neutral signal.

Mereo BioPharma Group PLC (MREO) Stochastic Oscillator is 35.36, creating a Neutral signal.

Mereo BioPharma Group PLC (MREO) Stochastic RSI is 25.822, creating a Neutral signal.

Mereo BioPharma Group PLC (MREO) Commodity Channel Index (CCI) is -24.867, creating a Neutral signal.

Mereo BioPharma Group PLC (MREO) Awesome Oscillator is -0.0732, creating a Sell signal.

Mereo BioPharma Group PLC (MREO) Momentum is -0.0005, creating a Sell signal.

Mereo BioPharma Group PLC (MREO) MACD is -0.13, creating a Sell signal.

Mereo BioPharma Group PLC (MREO) Moving Average

2026-02-18

Period	Simple	Signal
MA_5	0.398	Buy
MA_10	0.4	Buy
MA_20	0.437	Sell
MA_60	1.12	Sell
MA_200	1.778	Sell
MA_250	1.899	Sell

Mereo BioPharma Group PLC (MREO) 5-Day simple moving average is 0.398, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it a Buy.

Mereo BioPharma Group PLC (MREO) 10-Day simple moving average is 0.4, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it a Buy.

Mereo BioPharma Group PLC (MREO) 20-Day simple moving average is 0.437, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it a Sell.

Mereo BioPharma Group PLC (MREO) 60-Day simple moving average is 1.12, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it a Sell.

Mereo BioPharma Group PLC (MREO) 200-Day simple moving average is 1.778, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it a Sell.

Mereo BioPharma Group PLC (MREO) 250-Day simple moving average is 1.899, while Mereo BioPharma Group PLC (MREO) share price is $0.421, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for MREO?

The overall technical consensus for Mereo BioPharma Group PLC (MREO) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 0 buy signals and 4 sell signals.

What are the key support and resistance levels for Mereo BioPharma Group PLC (MREO) today?

Based on pivot point calculations, Mereo BioPharma Group PLC (MREO) has an immediate support level at 0.35 and a major resistance level at 0.449. Traders also monitor the pivot point at 0.4 to determine the intraday trend direction.

Is Mereo BioPharma Group PLC (MREO) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Mereo BioPharma Group PLC (MREO) is currently 36.948. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Mereo BioPharma Group PLC (MREO)?

Mereo BioPharma Group PLC (MREO) Moving Averages Convergence Divergence (MACD) indicator is -0.13, suggesting MREO is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Mereo BioPharma Group PLC.

How is Mereo BioPharma Group PLC (MREO) performing relative to its 200-day moving average?

Mereo BioPharma Group PLC (MREO) is currently trading at $0.421, which is below its 200-day simple moving average of 1.778. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.