NEOGEN CORP (NEOG) Technical Analysis
NASDAQ:NEOG • US6404911066
Current stock price
8.7 USD
-0.45 (-4.92%)
At close:
8.7 USD
0 (0%)
After Hours:
NEOG Technical Rating and Analysis
Overall NEOG gets a technical rating of 3 out of 10. NEOG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month NEOG has a been trading in the 8.24 - 11.27 range, which is quite wide. It is currently trading near the lows of this range.
- NEOG is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. NEOG outperforms 85% of them.
- NEOG has an average volume of 2911640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the yearly performance of all stocks, we notice that NEOG is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- NEOG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEOG is lagging the market slightly.
NEOG Weekly and Daily overview Charts
NEOG Setup Rating and Analysis
The technical rating of NEOG 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
NEOG Support and Resistance Analysis
5.22
11.03
5 important support areas can be observed.
- Support @8.54 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 @6.91 from a trend line in the weekly time frame.
- Support @6.24 from a trend line in the daily time frame.
- Support @5.27 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.17 to 9.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.92 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for NEOG is down. |
| ChartMill Relative Strength | 75.84 | POSITIVE | NEOG has a high relative strength, it outperformed 75.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEOG is below a declining 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) | 35.63 | NEUTRAL | The RSI value for NEOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NEOG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.4 | NEUTRAL | The Stochastics value for NEOG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for NEOG suggests high volalility. |
| Average Directional Index/ADX (14) | 40.79 | POSITIVE | The high ADX value value for NEOG suggests a strong 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
8.7
-0.45 (-4.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.92%
1 Week4.07%
2 Weeks-4.29%
1 Month-22.53%
3 Month22.02%
6 Month53.44%
12 Month0.69%
2 Year-44.87%
3 Year-53.02%
5 Year-80.43%
10 Year-65.44%
15 Year-36.93%
Volatility
ATR(14)0.48
ATR(20)%5.81%
ATR Inc-34.31%
Range Today0.45
ADR(20)0.48
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.84
3 months CRS92.44
6 months CRS95.71
Mansfield3.07
10 Day High9.47
10 Day Low8.24
20 Day High11.27
20 Day Low8.24
52 Week High11.43
52 Week Low3.87
CS1 End8.54
CR1 Start9.17
Volume & EV
DER(3)1.1%
DER(5)0.67%
Volume1.81M
Volume Incr-24.6%
Vol(5)2.11M
Vol(50)2.91M
NEOGEN CORP / NEOG TA FAQ
What is the technical rating for NEOG stock?
ChartMill assigns a technical rating of 3 / 10 to NEOG.
What is the current trend direction of NEOGEN CORP (NEOG) stock?
The current trend direction for NEOGEN CORP (NEOG) is Bullish.
What is the RSI signal for NEOGEN CORP (NEOG) stock?
NEOGEN CORP (NEOG) has an RSI value of 35.6346. This indicates that the stock is currently neutral.
What is the MACD signal for NEOGEN CORP (NEOG) stock?
The MACD indicator for NEOGEN CORP (NEOG) has a value of -0.0507657, indicating a bearish trend.
What is the short term momentum for NEOGEN CORP (NEOG) stock?
The short term momentum for NEOGEN CORP (NEOG) is negative.