Canada - Toronto Stock Exchange - TSX:NEO - CA64046G1063 - Common Stock
Taking everything into account, NEO scores 5 out of 10 in our technical rating. NEO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, NEO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.31, a Stop Loss order could be placed below this zone.
8.86
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NEO.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEO.CA is down. |
| ChartMill Relative Strength | 84.1 | POSITIVE | NEO.CA has a high relative strength, it outperformed 84.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NEO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.44 | NEUTRAL | The RSI value for NEO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NEO.CA has a positive trend. |
| Stochastics (14,3) | 26.47 | NEUTRAL | The Stochastics value for NEO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for NEO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.06 | NEGATIVE | The low ADX value for NEO.CA suggests a weak or negative trend. |
TSX:NEO (11/27/2025, 7:00:00 PM)
16.5
-0.1 (-0.6%)
ChartMill assigns a technical rating of 5 / 10 to NEO.CA.
The current trend direction for NEO PERFORMANCE MATERIALS IN (NEO.CA) is Bullish.
NEO PERFORMANCE MATERIALS IN (NEO.CA) has an RSI value of 44.4438. This indicates that the stock is currently neutral.
The short term momentum for NEO PERFORMANCE MATERIALS IN (NEO.CA) is negative.
NEO PERFORMANCE MATERIALS IN (NEO.CA) has a support level at 16.31 and a resistance level at 16.51. Check the full technical report for our detailed analysis of NEO.CA support and resistance levels.