Technical Analysis for NEOG - Neogen Corporation

Grade Last Price % Change Price Change
C 15.04 -3.77% -0.59
NEOG closed down 3.77 percent on Monday, July 1, 2024, on 1.32 times normal volume. 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.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down

Date Alert Name Type % Chg
New Downtrend Bearish 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%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -3.77%
Down 3 Days in a Row Weakness -3.77%
Down 4 Days in a Row Weakness -3.77%
Oversold Stochastic Weakness -3.77%
200 DMA Resistance Bearish -5.76%

   Recent Intraday Alerts

Alert Time
Down 5% about 7 hours ago
Down 1 ATR about 8 hours ago
Down 3% about 8 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Down 2 % about 9 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 Food Industry Animal Feed Retail Chain Diagnostic Products Viruses Food Safety Disinfectant Sanitation Toxins Toxicology Food Processors Genetic Testing Immunoassay Meat Nutraceutical Adenosine Fungi Meat Products Organisms Allergen 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 11.46
Average Volume 2,204,291
200-Day Moving Average 16.06
50-Day Moving Average 14.10
20-Day Moving Average 16.18
10-Day Moving Average 16.20
Average True Range 0.61
RSI (14) 43.82
ADX 35.17
+DI 21.26
-DI 27.03
Chandelier Exit (Long, 3 ATRs) 15.46
Chandelier Exit (Short, 3 ATRs) 14.78
Upper Bollinger Bands 17.68
Lower Bollinger Band 14.68
Percent B (%b) 0.12
BandWidth 18.53
MACD Line 0.43
MACD Signal Line 0.69
MACD Histogram -0.2585
Fundamentals Value
Market Cap 3.26 Billion
Num Shares 217 Million
EPS 0.10
Price-to-Earnings (P/E) Ratio 150.40
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) 16.60
Resistance 3 (R3) 16.66 16.20 16.34
Resistance 2 (R2) 16.20 15.80 16.17 16.25
Resistance 1 (R1) 15.62 15.55 15.39 15.56 16.17
Pivot Point 15.16 15.16 15.04 15.13 15.16
Support 1 (S1) 14.58 14.76 14.35 14.52 13.91
Support 2 (S2) 14.12 14.51 14.09 13.83
Support 3 (S3) 13.54 14.12 13.74
Support 4 (S4) 13.48