NEO PERFORMANCE MATERIALS IN (NEO.CA) Stock Technical Analysis
Canada - TSX:NEO - CA64046G1063 - Common Stock
22.26 CAD
+1.94 (+9.55%)
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 91% of all stocks. On top of that, NEO also shows a nice and consistent pattern of rising prices.
NEO is one of the better performing stocks in the Chemicals industry, it outperforms 89% of 29 stocks in the same industry.
A new 52 week high is currently being made by NEO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NEO has a been trading in the 16.23 - 22.26 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NEO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.88
22.48
We found 4 important support areas.
- Support @19.60 from a horizontal line in the daily time frame.
- A support zone ranging from 17.43 to 17.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.74 to 16.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.96 from a horizontal line in the weekly 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 | 91.92 | POSITIVE | NEO.CA has a high relative strength, it outperformed 91.92% 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) | 76.89 | OVERBOUGHT | The high RSI value suggests NEO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests NEO.CA has a positive trend. |
| Stochastics (14,3) | 88.29 | OVERBOUGHT | The high Stochastics value suggests NEO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for NEO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.11 | POSITIVE | The high ADX value value for NEO.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:NEO (10/3/2025, 7:00:00 PM)
22.26
+1.94 (+9.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg9.55%
1 Week9.71%
2 Weeks20.72%
1 Month34.18%
3 Month51.84%
6 Month183.21%
12 Month176.52%
2 Year224.96%
3 Year109.21%
5 Year91.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%3.51%
ATR Inc74.51%
Range Today1.67
ADR(20)0.74
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.92
Mansfield7.88
10 Day High22.26
10 Day Low18.3
20 Day High22.26
20 Day Low16.23
52 Week High22.26
52 Week Low7.18
CS1 End19.6
CR1 StartN/A
Volume & EV
DER(3)9.66%
DER(5)4.07%
Volume558.11K
Volume Incr6.87%
Vol(5)208.76K
Vol(50)220.24K