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AMEX
NYSE
NASDAQ
Index
fx
MREO
NASDAQ
Mereo BioPharma Group ADR Representing 5
STAY LONG
Close
2.8700
Prev.Close
2.8700
Change
0.0000
Change%
0.00%
BEARISH MATCHING HIGH
Bought at
2.7600
Open
2.8500
High
2.8900
Low
2.7800
Close
2.8700
Gain%
+3.99%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
$100⇨
07/01
2.7600
BUY
+4.0%
✔
132
06/27
2.6900
SHORT
+2.6%
❌
136
06/12
2.7400
BUY
-1.8%
❌
139
06/05
2.5100
SELL
+9.2%
❌
140
06/02
2.2350
BUY
+12.3%
✔ 👍
125
05/21
2.2500
SHORT
-0.7%
✔
124
05/19
2.2600
BUY
-0.4%
❌
125
05/14
2.3100
SELL
-2.2%
✔
126
05/12
2.4900
BUY
-7.2%
❌
136
05/06
2.5000
SELL
-0.4%
✔
136
05/01
2.6000
BUY
-3.8%
❌
142
04/25
2.5000
SELL
+4.0%
❌
142
04/11
1.9200
BUY
+30.2%
✔ 👍
109
04/04
2.1200
SHORT
-9.4%
✔
100
04/02
2.3000
BUY
-7.8%
❌
109
03/21
2.5100
SHORT
-8.4%
✔
101
03/12
2.5400
BUY
-1.2%
❌
103
03/10
2.4500
SHORT
+3.7%
❌
107
03/05
2.5100
BUY
-2.4%
❌
110
02/10
3.0700
SHORT
-18.2%
✔
94
01/31
2.9800
BUY
+3.0%
✔
91
01/28
2.8800
SHORT
+3.5%
❌
95
01/23
3.0200
BUY
-4.6%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
$100⇨
07/01
2.7600
BUY
+4.0%
✔
766
06/27
2.6900
SHORT
+2.6%
❌
790
06/12
2.7400
BUY
-1.8%
❌
807
06/05
2.5100
SELL
+9.2%
❌
809
06/02
2.2350
BUY
+12.3%
✔ 👍
722
05/21
2.2500
SHORT
-0.7%
✔
720
05/19
2.2600
BUY
-0.4%
❌
726
05/14
2.3100
SELL
-2.2%
✔
728
05/12
2.4900
BUY
-7.2%
❌
786
05/06
2.5000
SELL
-0.4%
✔
787
05/01
2.6000
BUY
-3.8%
❌
821
04/25
2.5000
SELL
+4.0%
❌
822
04/11
1.9200
BUY
+30.2%
✔ 👍
633
04/04
2.1200
SHORT
-9.4%
✔
580
04/02
2.3000
BUY
-7.8%
❌
632
03/21
2.5100
SHORT
-8.4%
✔
586
03/12
2.5400
BUY
-1.2%
❌
595
03/10
2.4500
SHORT
+3.7%
❌
620
03/05
2.5100
BUY
-2.4%
❌
638
02/10
3.0700
SHORT
-18.2%
✔
542
01/31
2.9800
BUY
+3.0%
✔
528
01/28
2.8800
SHORT
+3.5%
❌
549
01/23
3.0200
BUY
-4.6%
❌
578
12/30
3.6000
SELL
-16.1%
✔
579
12/20
3.3300
BUY
+8.1%
✔
537
12/12
3.7800
SELL
-11.9%
✔
538
11/27
3.5600
BUY
+6.2%
✔
508
11/25
3.6500
SHORT
-2.5%
✔
498
11/20
3.5200
BUY
+3.7%
✔
482
10/23
4.2700
SELL
-17.6%
✔
483
10/11
4.1950
BUY
+1.8%
✔
475
10/07
4.3100
SELL
-2.7%
✔
476
10/02
4.2650
BUY
+1.1%
✔
472
09/12
4.5650
SHORT
-6.6%
✔
445
09/09
4.4700
BUY
+2.1%
✔
437
08/28
4.7300
SELL
-5.5%
✔
438
08/14
3.8500
BUY
+22.9%
✔ 👍
357
07/30
4.0775
SELL
-5.6%
✔
358
07/01
3.6300
BUY
+12.3%
✔ 👍
319
06/18
4.2100
SELL
-13.8%
✔
320
06/11
3.5200
BUY
+19.6%
✔ 👍
268
06/03
3.4450
SELL
+2.2%
❌
269
05/28
3.1100
BUY
+10.8%
✔ 👍
243
05/13
3.0000
SELL
+3.7%
❌
244
05/09
3.1300
BUY
-4.2%
❌
255
05/07
3.0600
SELL
+2.3%
❌
255
04/22
2.7600
BUY
+10.9%
✔ 👍
231
04/08
3.2300
SHORT
-14.6%
✔
202
03/28
3.1300
BUY
+3.2%
✔
197
03/05
3.8200
SHORT
-18.1%
✔
167
02/23
3.5950
BUY
+6.3%
✔
158
01/30
3.9550
SELL
-9.1%
✔
158
01/25
3.4200
BUY
+15.6%
✔ 👍
137
01/23
2.9900
SELL
+14.4%
❌
137
01/04
2.4100
BUY
+24.1%
✔ 👍
111
12/29
2.3100
SELL
+4.3%
❌
111
12/08
2.0600
BUY
+12.1%
✔ 👍
99
12/05
2.0600
SELL
0.0%
❌
100
12/01
2.1400
BUY
-3.7%
❌
104
11/27
2.0650
SHORT
+3.6%
❌
108
11/20
2.1600
BUY
-4.4%
❌
113
11/09
2.0700
SELL
+4.3%
❌
114
10/30
1.8300
BUY
+13.1%
✔ 👍
101
10/23
1.7800
SELL
+2.8%
❌
101
10/05
1.2300
BUY
+44.7%
✔ 👍
70
09/11
1.3800
SELL
-10.9%
✔
70
09/07
1.4300
BUY
-3.5%
❌
73
08/30
1.4400
SELL
-0.7%
✔
73
08/24
1.4000
BUY
+2.9%
✔
71
08/22
1.2400
SELL
+12.9%
❌
71
08/14
1.2500
BUY
-0.8%
❌
72
08/10
1.2100
SELL
+3.3%
❌
72
08/01
1.3400
BUY
-9.7%
❌
80
07/25
1.1800
SHORT
+13.6%
❌
93
07/21
1.2700
BUY
-7.1%
❌
100
07/05
1.2800
SHORT
-0.8%
✔
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY LONG
. The previous
BUY
signal was issued on 07/01/2025, 2 days ago, when the stock price was 2.7600. Since then,
MREO
has risen by
+3.99%
.
Market Outlook
Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to
STAY LONG
, but the chance of a bearish confirmation that will change the signal to <
SELL
is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.
Pattern Description
This pattern occurs when two consecutive white candlesticks appear in an uptrend, both having equal closing prices. It signals that a top has been reached, as the new high was tested but failed to hold, indicating a strong resistance level.
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