NEOGENOMICS INC (NEO) Stock Technical Analysis
USA - NASDAQ:NEO - US64049M2098 - Common Stock
Taking everything into account, NEO scores 8 out of 10 in our technical rating. 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.
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.
More info and screens
9.53
2 important support areas can be observed.
- Support @9.98 from a trend line in the daily time frame.
- A support zone ranging from 9.63 to 9.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @10.35 from a trend line in the daily time frame.
- A resistance zone ranging from 10.68 to 10.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.88 from a horizontal line in the daily time frame.
- Resistance @14.85 from a trend 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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEO is neutral. |
| ChartMill Relative Strength | 82.17 | POSITIVE | NEO has a high relative strength, it outperformed 82.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NEO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.5 | NEUTRAL | The RSI value for NEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NEO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.99 | NEUTRAL | The Stochastics value for NEO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for NEO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.22 | POSITIVE | The high ADX value value for NEO suggests a strong trend. |
10.34
+0.33 (+3.3%)
NEOGENOMICS INC / NEO FAQ
What is the technical rating for NEO stock?
ChartMill assigns a technical rating of 8 / 10 to NEO.
What is the current trend direction of NEOGENOMICS INC (NEO) stock?
The current trend direction for NEOGENOMICS INC (NEO) is Bullish.
What is the RSI signal for NEOGENOMICS INC (NEO) stock?
NEOGENOMICS INC (NEO) has an RSI value of 57.5026. This indicates that the stock is currently neutral.
What is the short term momentum for NEOGENOMICS INC (NEO) stock?
The short term momentum for NEOGENOMICS INC (NEO) is neutral.
What is the support and resistance level for NEO stock?
NEOGENOMICS INC (NEO) has a support level at 9.98 and a resistance level at 10.35. Check the full technical report for our detailed analysis of NEO support and resistance levels.