6.04 USD
+0.04 (+0.67%)
6.04 USD
0 (0%)
Taking everything into account, NEOG scores 2 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NEOG is a bad performer in the overall market: 88% of all stocks are doing better.
NEOG is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 62% of 188 stocks in the same industry do better.
NEOG 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.
NEOG has an average volume of 5015000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NEOG has a been trading in the 5.37 - 6.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NEOG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
4.90
6.68
We found 5 important support areas.
- A support zone ranging from 5.97 to 5.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.71 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.40 to 5.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.27 from a horizontal line in the daily time frame.
- A support zone ranging from 4.95 to 4.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @6.28 from a trend line in the daily time frame.
- Resistance @6.41 from a horizontal line in the weekly time frame.
- Resistance @6.61 from a horizontal line in the daily 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 | 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 | 12.56 | NEGATIVE | NEOG has a low relative strength, it was outperformed by 87.44% 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) | UP | POSITIVE | The current price of NEOG is above the rising 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) | 50.38 | NEUTRAL | The RSI value for NEOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NEOG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.2 | NEUTRAL | The Stochastics value for NEOG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for NEOG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.78 | 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)
6.04
+0.04 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.67%
1 Week8.44%
2 Weeks-6.65%
1 Month-3.05%
3 Month5.04%
6 Month3.07%
12 Month-57.4%
2 Year-64.41%
3 Year-63.53%
5 Year-83.72%
10 Year-79.55%
15 Year-51.22%
Volatility
ATR(14)0.37
ATR(20)%6.01%
ATR Inc-19.77%
Range Today0.24
ADR(20)0.36
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.56
3 months CRS72.66
6 months CRS41.52
Mansfield-2.72
10 Day High6.54
10 Day Low5.37
20 Day High6.72
20 Day Low5.37
52 Week High14.26
52 Week Low3.87
CS1 End5.97
CR1 Start6.28
Volume & EV
DER(3)-0.66%
DER(5)-2.28%
Volume3.44M
Volume Incr15.69%
Vol(5)3.78M
Vol(50)5.01M
NEOGEN CORP / NEOG FAQ
What is the technical rating for NEOG stock?
ChartMill assigns a technical rating of 2 / 10 to NEOG.
Can you provide the trend direction for NEOGEN CORP?
The current trend direction for NEOGEN CORP (NEOG) is Bearish.
What is the RSI signal for NEOGEN CORP (NEOG) stock?
NEOGEN CORP (NEOG) has an RSI value of 50.3806. 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 -0.0449819, indicating a bearish trend.