NEO PERFORMANCE MATERIALS IN (NEO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:NEO - CA64046G1063 - Common Stock
Taking everything into account, NEO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NEO is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NEO is one of the better performing stocks in the market, outperforming 77% 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 27 other stocks in this industry. NEO outperforms 80% of them.
- In the last month NEO has a been trading in the 15.31 - 19.51 range, which is quite wide. It is currently trading near the high of this range.
- NEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEO is lagging the market.
Besides having an excellent technical rating, NEO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.42. Right above this resistance zone may be a good entry point.
More info and screens
9.88
We found 4 important support areas.
- Support @16.61 from a trend line in the weekly time frame.
- Support @16.14 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.
We found 1 important resistance area.
- A resistance zone ranging from 19.42 to 19.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 77.48 | POSITIVE | NEO.CA has a high relative strength, it outperformed 77.48% 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) | 59.16 | NEUTRAL | The RSI value for NEO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NEO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.69 | OVERBOUGHT | The high Stochastics value suggests NEO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for NEO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.27 | 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 |
|---|---|---|---|
| 19.43 | 17.91 | 1.52 (7.82%) | 12.78% |
| An entry @19.43. This is a Buy Stop order right above the resistance zone. | An exit @17.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.52 points, which is 7.82%. | When investing 12.78% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (1/20/2026, 7:00:00 PM)
18.66
-0.41 (-2.15%)
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 59.1576. 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 0.172259, 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.