NEOGENOMICS INC (NEO) Stock Technical Analysis
USA - NASDAQ:NEO - US64049M2098 - Common Stock
8.13 USD
-0.27 (-3.21%)
8.15 USD
+0.02 (+0.25%)
Overall NEO gets a technical rating of 6 out of 10. NEO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, NEO is a bad performer in the overall market: 88% of all stocks are doing better.
NEO is one of the lesser performing stocks in the Health Care Providers & Services industry. 66% of 101 stocks in the same industry do better.
NEO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NEO has a been trading in the 6.41 - 9.06 range, which is quite wide. It is currently trading near the high of this range.
NEO has an average volume of 2740270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NEO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.40
15.42
We found 1 important support area.
- Support @7.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.16 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.45 to 8.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.79 to 8.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.27 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 | NEUTRAL | NEUTRAL | The long term trend for NEO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEO is up. |
| ChartMill Relative Strength | 12.86 | NEGATIVE | NEO has a low relative strength, it was outperformed by 87.14% 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) | DOWN | NEGATIVE | The current price of NEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for NEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NEO has a negative trend. |
| Stochastics (14,3) | 65.09 | NEUTRAL | The Stochastics value for NEO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for NEO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.98 | POSITIVE | The high ADX value value for NEO 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)
8.13
-0.27 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.21%
1 Week1.75%
2 Weeks3.44%
1 Month26.05%
3 Month13.23%
6 Month-15.49%
12 Month-43.93%
2 Year-33.9%
3 Year-5.57%
5 Year-77.96%
10 Year41.88%
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%6.24%
ATR Inc-33.13%
Range Today0.41
ADR(20)0.46
ADR(20)%5.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.86
Mansfield-3.28
10 Day High8.73
10 Day Low7.36
20 Day High9.06
20 Day Low6.41
52 Week High19.11
52 Week Low4.72
CS1 End7.47
CR1 Start8.16
Volume & EV
DER(3)1.03%
DER(5)1.23%
Volume967.76K
Volume Incr-14.89%
Vol(5)2.38M
Vol(50)2.74M