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Fell Below 20 Day Moving Average appears for MREO after 1.69% move

Mereo BioPharma Group plc (MREO) Technical Analysis, Stock Scans & Trading Signals · Sep 19, 2025, 20:04 ET
On Friday, September 19th, MREO moved down 1.69% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.71, 1.68 & 1.65, with resistance at 1.78, 1.81 & 1.84.

Current SwingTradeBot Technical Rating of MREO: D

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Mereo BioPharma Group plc - Sponsored ADR (MREO)