Technical Analysis for NEOG - Neogen Corporation

Grade Last Price % Change Price Change
grade A 79.45 -2.98% -2.44
NEOG closed up 1.87 percent on Friday, August 7, 2020, on 81 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical NEOG trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -2.98%
New 52 Week High Strength -2.98%
Upper Bollinger Band Walk Strength -2.98%
Multiple of Ten Bullish Other -2.98%
Above Upper BB Strength -2.98%
Overbought Stochastic Strength -2.98%
Upper Bollinger Band Touch Strength -2.98%
Stochastic Reached Overbought Strength -1.17%
Upper Bollinger Band Walk Strength -1.17%
Multiple of Ten Bullish Other -1.17%

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Profile

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.
Food Food And Drink Chemical Pharmaceuticals Food Industry Retail Chains Diagnostic Products Meat Food Safety Meat Products Human Food Various Various Products

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 81.93
52 Week Low 48.91
Average Volume 198,397
200-Day Moving Average 67.99
50-Day Moving Average 75.12
20-Day Moving Average 77.41
10-Day Moving Average 77.69
Average True Range 2.40
ADX 18.67
+DI 27.91
-DI 16.04
Chandelier Exit (Long, 3 ATRs ) 74.72
Chandelier Exit (Short, 3 ATRs ) 79.10
Upper Bollinger Band 81.46
Lower Bollinger Band 73.36
Percent B (%b) 1.05
BandWidth 10.47
MACD Line 1.32
MACD Signal Line 0.93
MACD Histogram 0.3908
Fundamentals Value
Market Cap 3.13 Billion
Num Shares 38.2 Million
EPS 1.19
Price-to-Earnings (P/E) Ratio 68.82
Price-to-Sales 8.23
Price-to-Book 6.30
PEG Ratio 4.06
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 85.70
Resistance 3 (R3) 85.29 83.61 85.07
Resistance 2 (R2) 83.61 82.64 83.82 84.85
Resistance 1 (R1) 82.75 82.04 83.18 83.16 84.64
Pivot Point 81.07 81.07 81.29 81.28 81.07
Support 1 (S1) 80.21 80.10 80.64 80.62 79.14
Support 2 (S2) 78.53 79.50 78.74 78.93
Support 3 (S3) 77.67 78.53 78.72
Support 4 (S4) 78.08