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50 Day Moving Average Resistance appears for MREO after 0.0% move

SwingTradeBot Nightly Stock Scan: Mereo BioPharma Group plc (MREO) โ€” Technical Patterns & Alerts ยท Sep 16, 2025, 17:34 ET
MREO finished unchanged on Tuesday, September 16th, trading at 0.2 times its typical volume. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7 and Narrow Range Bar and Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 1.74, 1.73 & 1.71, with resistance at 1.78, 1.8 & 1.82.

Current SwingTradeBot Technical Rating of MREO: F

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Mereo BioPharma Group plc - Sponsored ADR (MREO)