NEOGENOMICS INC (NEO) Stock Technical Analysis
NASDAQ:NEO - Nasdaq - US64049M2098 - Common Stock - Currency: USD
Overall NEO gets a technical rating of 0 out of 10. NEO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NEO is a bad performer in the overall market: 98% of all stocks are doing better.
NEO is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 84% are performing better than NEO.
NEO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NEO has a been trading in the 4.72 - 7.82 range, which is quite wide. It is currently trading near the lows of this range.
NEO has an average volume of 2342510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of NEO is bad and it also does not present a quality setup 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
5.44
7.03
We can see 4 important resistance areas.
- A resistance zone ranging from 5.63 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.19 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.88 to 6.96. 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 | DOWN | NEGATIVE | The long term trend for NEO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEO is down. |
| ChartMill Relative Strength | 2.77 | NEGATIVE | NEO has a low relative strength, it was outperformed by 97.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEO is below a declining 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) | 37.25 | NEUTRAL | The RSI value for NEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NEO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.72 | NEUTRAL | The Stochastics value for NEO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.76 | HIGH VOLATILITY | The high ATR as a percentage value for NEO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for NEO suggests a possible start of a new 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)
5.49
-0.13 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.31%
1 Week7.65%
2 Weeks-16.94%
1 Month-27.09%
3 Month-31.8%
6 Month-59.18%
12 Month-66.83%
2 Year-63.47%
3 Year-45.37%
5 Year-85.9%
10 Year-9.7%
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%7.76%
ATR Inc-33.46%
Range Today0.3
ADR(20)0.39
ADR(20)%7.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.77
Mansfield-5.77
10 Day High6.65
10 Day Low4.72
20 Day High7.82
20 Day Low4.72
52 Week High19.11
52 Week Low4.72
CS1 EndN/A
CR1 Start5.63
Volume & EV
DER(3)1.57%
DER(5)1.46%
Volume1.75M
Volume Incr44.51%
Vol(5)3.49M
Vol(50)2.34M