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Crossed Above 20 Day Moving Average appears for MREO after 2.31% move

Mereo BioPharma Group plc (MREO) Technical Analysis, Stock Scans & Trading Signals · Sep 18, 2025, 17:51 ET
On Thursday, September 18th, MREO moved up 2.31% while volume shrunk to 0.6× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.73, 1.69 & 1.66, with resistance at 1.8, 1.83 & 1.87.

Current SwingTradeBot Technical Rating of MREO: D

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Mereo BioPharma Group plc - Sponsored ADR (MREO)