NEOGEN CORP (NEOG) Technical Analysis
NASDAQ:NEOG • US6404911066
Current stock price
9.53 USD
+0.13 (+1.38%)
At close:
9.53 USD
0 (0%)
After Hours:
NEOG Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to NEOG. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month NEOG has a been trading in the 8.98 - 10.83 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NEOG is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. NEOG outperforms 90% of them.
- NEOG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NEOG is lagging the market slightly.
- NEOG has an average volume of 2683330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that NEOG is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
NEOG Weekly and Daily overview Charts
NEOG Setup Rating and Analysis
NEOG 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. There is a support zone below the current price at 9.52, a Stop Loss order could be placed below this zone.
More info and screens
NEOG Support and Resistance Analysis
6.41
10.61
We found 5 important support areas.
- A support zone ranging from 9.29 to 9.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.10 from a trend line in the daily time frame.
- A support zone ranging from 8.35 to 8.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.24 from a trend line in the weekly time frame.
- Support @6.47 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.55 to 9.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.35 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
NEOG Technical Indicator Signal Analysis
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 NEOG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEOG is neutral. |
| ChartMill Relative Strength | 83 | POSITIVE | NEOG has a high relative strength, it outperformed 83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEOG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEOG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEOG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.11 | NEUTRAL | The RSI value for NEOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NEOG has a positive trend. |
| Stochastics (14,3) | 34.18 | NEUTRAL | The Stochastics value for NEOG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for NEOG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.55 | NEGATIVE | The low ADX value for NEOG suggests a weak or negative trend. |
NEOG Chart- and CandleStick Pattern Analysis
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)
NEOG Technicals: Chart, Performance Metrics, Trend & Indicators
9.53
+0.13 (+1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.38%
1 Week-0.1%
2 Weeks0.21%
1 Month1.28%
3 Month-6.75%
6 Month54.46%
12 Month65.74%
2 Year-27.53%
3 Year-45.51%
5 Year-79.35%
10 Year-61.39%
15 Year-36.24%
Volatility
ATR(14)0.38
ATR(20)%5.14%
ATR Inc-12.02%
Range Today0.29
ADR(20)0.47
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83
3 months CRS25.07
6 months CRS94.5
Mansfield2.27
10 Day High9.94
10 Day Low8.98
20 Day High10.83
20 Day Low8.98
52 Week High11.43
52 Week Low4.53
CS1 End9.52
CR1 Start9.55
Volume & EV
DER(3)1.03%
DER(5)0.31%
Volume1.91M
Volume Incr-14.93%
Vol(5)2.36M
Vol(50)2.68M
NEOGEN CORP / NEOG TA FAQ
What is the technical rating for NEOG stock?
ChartMill assigns a technical rating of 6 / 10 to NEOG.
What is the current trend direction of NEOGEN CORP (NEOG) stock?
The current trend direction for NEOGEN CORP (NEOG) is Bullish.
Can you provide the RSI signal for NEOGEN CORP?
NEOGEN CORP (NEOG) has an RSI value of 51.1063. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEOGEN CORP?
The MACD indicator for NEOGEN CORP (NEOG) has a value of 0.0030495, indicating a bearish trend.
What is the short term momentum for NEOG stock?
The short term momentum for NEOGEN CORP (NEOG) is neutral.