NEO PERFORMANCE MATERIALS IN (NEO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:NEO - CA64046G1063 - Common Stock
We assign a technical rating of 10 out of 10 to NEO. Both in the recent history as in the last year, NEO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that NEO is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by NEO over the past year are nicely spread over this period.
- NEO is part of the Chemicals industry. There are 29 other stocks in this industry. NEO outperforms 85% of them.
- NEO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NEO is lagging the market slightly.
- In the last month NEO has a been trading in the 15.31 - 20.00 range, which is quite wide. It is currently trading near the high of this range.
NEO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.88
5 important support areas can be observed.
- Support @18.66 from a horizontal line in the daily time frame.
- Support @16.61 from a trend line in the weekly time frame.
- Support @16.27 from a trend line in the daily time frame.
- Support @15.51 from a horizontal line in the daily time frame.
- Support @9.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @19.72 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for NEO.CA is up. |
| ChartMill Relative Strength | 78.08 | POSITIVE | NEO.CA has a high relative strength, it outperformed 78.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEO.CA is above 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) | 66.61 | NEUTRAL | The RSI value for NEO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests NEO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.51 | OVERBOUGHT | The high Stochastics value suggests NEO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for NEO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.34 | POSITIVE | The high ADX value value for NEO.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.73 | 18.65 | 1.08 (5.47%) | 18.27% |
| An entry @19.73. This is a Buy Stop order right above the resistance zone. | An exit @18.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.08 points, which is 5.47%. | For a 1.00% total portfolio risk, you can invest 18.27% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NEO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:NEO (1/23/2026, 7:00:00 PM)
19.71
+0.13 (+0.66%)
NEO PERFORMANCE MATERIALS IN / NEO.CA FAQ
What is the technical rating for NEO stock?
ChartMill assigns a technical rating of 10 / 10 to NEO.CA.
What is the trend direction for NEO stock?
The current trend direction for NEO PERFORMANCE MATERIALS IN (NEO.CA) is Bullish.
What is the RSI signal for NEO PERFORMANCE MATERIALS IN (NEO.CA) stock?
NEO PERFORMANCE MATERIALS IN (NEO.CA) has an RSI value of 66.614. This indicates that the stock is currently neutral.
What is the MACD signal for NEO stock?
The MACD indicator for NEO PERFORMANCE MATERIALS IN (NEO.CA) has a value of 0.136558, indicating a bearish trend.
Can you provide the buy/sell signal for NEO PERFORMANCE MATERIALS IN?
The buy/sell signal for NEO PERFORMANCE MATERIALS IN (NEO.CA) is buy as both the short term and long term trends are positive.