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Fell Below 50 Day Moving Average appears for MREO after 4.86% move

Mereo BioPharma Group plc (MREO) — Daily Technical Analysis & Swing Trading Signals · Sep 15, 2025, 17:35 ET
MREO closed down 4.86% on Monday, September 15th, with volume running 0.5× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.72, 1.69 & 1.62, with resistance at 1.82, 1.89 & 1.92.

Current SwingTradeBot Technical Rating of MREO: F

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Mereo BioPharma Group plc - Sponsored ADR (MREO)