We assign a technical rating of 8 out of 10 to NEO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NEO is only an average performer.
Although NEO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.18
We found 2 important support areas.
- A support zone ranging from 12.15 to 12.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.29 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEO is up. |
| ChartMill Relative Strength | 75.14 | POSITIVE | NEO has a high relative strength, it outperformed 75.14% 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) | UP | POSITIVE | The current price of NEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.81 | NEUTRAL | The RSI value for NEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NEO has a positive trend. |
| Stochastics (14,3) | 86.66 | OVERBOUGHT | The high Stochastics value suggests NEO may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for NEO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for NEO 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 |
|---|---|---|---|
| 13.23 | 11.41 | 1.83 (13.79%) | 7.25% |
| An entry @13.23. This is a Buy Stop order right above the 10 day high. | An exit @11.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.83 points, which is 13.79%. | For a 1.00% total portfolio risk, you can invest 7.25% of your capital in this trade. |
- 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.
13.16
+0.33 (+2.57%)
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 trend direction for 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 69.8081. This indicates that the stock is currently neutral.
What is the MACD signal for NEO stock?
The MACD indicator for NEOGENOMICS INC (NEO) has a value of 0.051547, indicating a bearish trend.
Can you provide the buy/sell signal for NEOGENOMICS INC?
The buy/sell signal for NEOGENOMICS INC (NEO) is buy as both the short term and long term trends are positive.