NEOGEN CORP (NEOG) Stock Technical Analysis
NASDAQ:NEOG - Nasdaq - US6404911066 - Common Stock - Currency: USD
Taking everything into account, NEOG scores 1 out of 10 in our technical rating. NEOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
97% of all other stocks performed better in the past year than NEOG.
NEOG is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 82% are performing better than NEOG.
NEOG 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 NEOG has a been trading in the 4.63 - 5.74 range, which is quite wide. It is currently trading near the lows of this range.
NEOG has an average volume of 5616450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
4.68
5.48
We found 1 important support area.
- A support zone ranging from 4.73 to 4.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.38 to 5.43. 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 NEOG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEOG is neutral. |
| ChartMill Relative Strength | 3.72 | NEGATIVE | NEOG has a low relative strength, it was outperformed by 96.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NEOG is below 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) | DOWN | NEGATIVE | The current price of NEOG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.08 | NEUTRAL | The RSI value for NEOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NEOG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.93 | NEUTRAL | The Stochastics value for NEOG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for NEOG suggests high volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for NEOG suggests a weak or negative 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)
4.83
-0.59 (-10.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-10.89%
1 Week-3.78%
2 Weeks-2.82%
1 Month1.05%
3 Month-16%
6 Month-57.85%
12 Month-70.51%
2 Year-79.17%
3 Year-79.12%
5 Year-87.42%
10 Year-83.4%
15 Year-51.47%
Volatility
ATR(14)0.27
ATR(20)%6.29%
ATR Inc111.84%
Range Today0.32
ADR(20)0.28
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.72
Mansfield-5.83
10 Day High5.47
10 Day Low4.69
20 Day High5.74
20 Day Low4.63
52 Week High17.95
52 Week Low3.87
CS1 End4.78
CR1 Start5.38
Volume & EV
DER(3)0.48%
DER(5)2.28%
Volume8.18M
Volume Incr-16.28%
Vol(5)5.36M
Vol(50)5.62M