Technical Analysis for NEOG - Neogen Corporation

Grade Last Price % Change Price Change
F 15.07 -0.72% -0.11
NEOG closed down 0.72 percent on Monday, March 18, 2024, on 66 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Mar 28
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 11 hours ago
Possible NR7 about 12 hours ago
Possible Inside Day about 12 hours ago
60 Minute Opening Range Breakout about 15 hours ago
Rose Above Lower Bollinger Band about 16 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Neogen Corporation Description

Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and complementary products to detect dangerous and/or unintended substances in human food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug and pesticide residues, and general sanitation concerns; and AccuPoint, a bioluminescence-based sanitation test for adenosine triphosphate, a chemical found in living cells. It offers its products primarily to food and feed processors, meat and poultry processors, seafood processors, fruit and vegetable producers, grain producers and processors, and dairies; laboratories; producers of pharmaceuticals, cosmetics, veterinary vaccines, and nutraceutical products; and various regulatory agencies. The Animal Safety segment provides pharmaceuticals, rodenticides, disinfectants, vaccines, veterinary instruments, topicals, diagnostic products, and genetic testing services to the animal safety market. This segment's drug detection immunoassay test kits are used for the detection of abused and therapeutic drugs in farm animals and racing animals, such as horses, greyhounds, and camels; detection of drug residues in meat and meat products; and human forensic toxicology drug screening applications. Its products are also used to maintain sanitary conditions and limit the potential hazards of bacteria, fungi, and viruses. In addition, this segment offers various products for researchers to detect biologically-active substances; and proprietary substrates for other diagnostic test kit manufacturers. The company sells its products directly, as well as through distributors and retail chains. Neogen Corporation was founded in 1981 and is headquartered in Lansing, Michigan.


Classification

Sector: Healthcare
Industry: Diagnostics & Research
Keywords: Pharmaceutical Chemical Fruit Phosphates Animal Feed Food Industry Retail Chain Diagnostic Products Viruses Food Safety Disinfectant Nutraceutical Toxins Sanitation Toxicology Food Processors Genetic Testing Immunoassay Meat Adenosine Fungi Meat Products Organisms Allergen Drug Screening Foodborne Illness Genetic Testing Services Human Food

Is NEOG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 24.095
52 Week Low 14.435
Average Volume 1,947,955
200-Day Moving Average 18.81
50-Day Moving Average 16.78
20-Day Moving Average 16.56
10-Day Moving Average 15.98
Average True Range 0.56
RSI (14) 28.57
ADX 25.75
+DI 11.50
-DI 29.25
Chandelier Exit (Long, 3 ATRs) 16.15
Chandelier Exit (Short, 3 ATRs) 16.69
Upper Bollinger Bands 18.05
Lower Bollinger Band 15.08
Percent B (%b) 0.0
BandWidth 17.92
MACD Line -0.44
MACD Signal Line -0.25
MACD Histogram -0.1955
Fundamentals Value
Market Cap 3.26 Billion
Num Shares 217 Million
EPS 0.10
Price-to-Earnings (P/E) Ratio 150.70
Price-to-Sales 3.90
Price-to-Book 1.14
PEG Ratio 0.66
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.42
Resistance 3 (R3) 15.44 15.36 15.36
Resistance 2 (R2) 15.36 15.27 15.34 15.34
Resistance 1 (R1) 15.21 15.21 15.17 15.19 15.32
Pivot Point 15.13 15.13 15.11 15.11 15.13
Support 1 (S1) 14.98 15.04 14.94 14.96 14.82
Support 2 (S2) 14.90 14.98 14.88 14.80
Support 3 (S3) 14.75 14.90 14.78
Support 4 (S4) 14.73