NASDAQ:MREO Technical Analysis

Mereo BioPharma Group plc — Technical Analysis & Chart Patterns

Back to MREO

Nine formations appear in MREO's daily price history. A donchian breakout, bearish completed with a downward breakout on August 10, 2026; a rectangle bottom completed with a downward breakout on August 25, 2026; a pennant, bearish completed with a downward breakout on August 27, 2026; a p&f triple bottom breakdown completed with a downward breakout on August 28, 2026; a marubozu, opening white printed a bullish signal on September 17, 2026; a marubozu, opening white printed a bullish signal on September 18, 2026; a double bottom, Eve & Eve is currently forming and has not yet triggered; a three rising valleys is currently forming and has not yet triggered; a head-and-shoulders top is currently forming and has not yet triggered.

Signal balance Conflicted — signals cancel 3 bullish (1.5) · 2 bearish (3)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 3 signals from negative-edge patterns excluded.

Patterns

last close, adjusted
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FORMING
Double Bottom, Eve & Eve — May 7, 2026 to Sep 21, 2026
FORMING
Three Rising Valleys — May 7, 2026 to Sep 21, 2026
FORMING
Head-and-Shoulders Top — Jun 12, 2026 to Sep 21, 2026
BREAKOUT UP
Marubozu, Opening White — Sep 18, 2026 to Sep 18, 2026 · broke out on Sep 18, 2026
BREAKOUT UP
Marubozu, Opening White — Sep 17, 2026 to Sep 17, 2026 · broke out on Sep 17, 2026
BREAKOUT DOWN
P&F Triple Bottom Breakdown — Jun 16, 2026 to Aug 27, 2026 · broke out on Aug 28, 2026
BREAKOUT DOWN
Pennant, Bearish — Aug 19, 2026 to Aug 26, 2026 · broke out on Aug 27, 2026
BREAKOUT DOWN
Rectangle Bottom — Jun 26, 2026 to Aug 24, 2026 · broke out on Aug 25, 2026
BREAKOUT DOWN
Donchian Breakout, Bearish — Jul 13, 2026 to Aug 7, 2026 · broke out on Aug 10, 2026
Detected on this chart: Marubozu, Opening White ×2, Double Bottom, Eve & Eve (forming now), Three Rising Valleys (forming now), Head-and-Shoulders Top (forming now), P&F Triple Bottom Breakdown, Pennant, Bearish, Rectangle Bottom, Donchian Breakout, Bearish. Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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