NEO PERFORMANCE MATERIALS IN (NEO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:NEO - CA64046G1063 - Common Stock
Overall NEO gets a technical rating of 3 out of 10. Although NEO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NEO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.77, a Stop Loss order could be placed below this zone.
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8.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.66 to 15.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.79 from a trend line in the weekly time frame.
- Support @9.07 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.32 to 17.76. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for NEO.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEO.CA is down. |
| ChartMill Relative Strength | 77.68 | POSITIVE | NEO.CA has a high relative strength, it outperformed 77.68% 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) | DOWN | NEGATIVE | The current price of NEO.CA is below a declining 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) | 41.4 | NEUTRAL | The RSI value for NEO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NEO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.85 | OVERSOLD | The low Stochastics value suggests NEO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for NEO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.45 | NEGATIVE | The low ADX value for NEO.CA suggests a weak or negative trend. |
TSX:NEO (12/24/2025, 7:00:00 PM)
15.78
+0.11 (+0.7%)
NEO PERFORMANCE MATERIALS IN / NEO.CA FAQ
What is the technical rating for NEO stock?
ChartMill assigns a technical rating of 3 / 10 to NEO.CA.
What is the current trend direction of NEO PERFORMANCE MATERIALS IN (NEO.CA) stock?
The current trend direction for NEO PERFORMANCE MATERIALS IN (NEO.CA) is Bearish.
What is the RSI signal for NEO PERFORMANCE MATERIALS IN (NEO.CA) stock?
NEO PERFORMANCE MATERIALS IN (NEO.CA) has an RSI value of 41.402. This indicates that the stock is currently neutral.
What is the short term momentum for NEO PERFORMANCE MATERIALS IN (NEO.CA) stock?
The short term momentum for NEO PERFORMANCE MATERIALS IN (NEO.CA) is negative.
What is the support and resistance level for NEO stock?
NEO PERFORMANCE MATERIALS IN (NEO.CA) has a support level at 15.77 and a resistance level at 17.32. Check the full technical report for our detailed analysis of NEO.CA support and resistance levels.