Neos Therapeutics (NEOS) Stock Technical Analysis
NASDAQ:NEOS
We assign a technical rating of 7 out of 10 to NEOS. In the last year, NEOS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- NEOS has an average volume of 7654560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, NEOS did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- NEOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEOS is lagging the market.
- In the last month NEOS has a been trading in the 0.67 - 1.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NEOS has an excellent technical rating, it does not present a decent entry opportunity 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
0.70
We found 2 important support areas.
- Support @0.81 from a trend line in the daily time frame.
- Support @0.71 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for NEOS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEOS is up. |
| ChartMill Relative Strength | 76.83 | POSITIVE | NEOS has a high relative strength, it outperformed 76.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.68 | NEUTRAL | The RSI value for NEOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NEOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.7 | NEUTRAL | The Stochastics value for NEOS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.96 | HIGH VOLATILITY | The high ATR as a percentage value for NEOS suggests high volalility. |
1.15
-0.03 (-2.54%)
Neos Therapeutics / NEOS FAQ
Can you provide the ChartMill technical rating for Neos Therapeutics?
ChartMill assigns a technical rating of 7 / 10 to NEOS.
Can you provide the trend direction for Neos Therapeutics?
The current trend direction for Neos Therapeutics (NEOS) is Bearish.
What is the RSI signal for NEOS stock?
Neos Therapeutics (NEOS) has an RSI value of 64.6781. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Neos Therapeutics?
The MACD indicator for Neos Therapeutics (NEOS) has a value of 0.0337684, indicating a bearish trend.
What is the support and resistance level for NEOS stock?
Neos Therapeutics (NEOS) has a support level at 0.81. Check the full technical report for our detailed analysis of NEOS support and resistance levels.