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(NEOGEN) Neogen Chemicals complete technical analysis [charts+indicators] | Buy/Sell Neogen Chemicals | (NEOGEN) share price targets

Complete technical analysis of Neogen Chemicals (NEOGEN) by charts plus indicators, forecast predictions and share price targets for Neogen Chemicals (NEOGEN)

10 day averaged volume of Neogen Chemicals is 24124

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1451.35 1471.15 1472.95 1442.20 0.592 times
16 Thu May 2024 1464.80 1459.00 1477.70 1439.55 0.679 times
15 Wed May 2024 1450.95 1454.40 1461.95 1437.95 1.106 times
14 Tue May 2024 1432.90 1458.95 1458.95 1423.05 0.869 times
13 Mon May 2024 1449.25 1421.60 1488.10 1409.10 1.146 times

My analysis of stock is bearish for shortterm, and stock might move down till 1410.2 or till 1335.6. Use a stoploss of 1472.34 and if the stock hits stoploss, then it can shoot up till 1534.47

Share price targets for Neogen Chemicals (NEOGEN)

Target Type Value
Downside Target 1176.00
Downside Target 1243.25
Downside Target 1316.20
Upside Target 1487.70
Upside Target 1488.10
Upside Target 1492.00
Upside Target 1524.80
Upside Target 1550.95
Upside Target 1575.00
Upside Target 1593.45
Upside Target 1628.50

Intraday share price targets for Neogen Chemicals (NEOGEN)

Target Type Value
Downside Intraday Target 1410.93
Downside Intraday Target 1370.52
Upside Intraday Target 1489.93
Upside Intraday Target 1528.52
Downside Intraday Target 1449.52

Weekly technical analysis of Neogen Chemicals (NEOGEN)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1451.35 1421.60 1488.10 1409.10 0.783 times
10 Fri May 2024 1445.80 1544.90 1550.95 1430.15 0.354 times
03 Fri May 2024 1539.60 1507.50 1628.50 1487.70 0.476 times
26 Fri Apr 2024 1507.50 1375.00 1575.00 1341.65 6.661 times
19 Fri Apr 2024 1358.55 1340.00 1398.95 1316.20 0.682 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Neogen Chemicals (NEOGEN)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1451.35 1549.95 1628.50 1409.10 0.257 times
30 Tue Apr 2024 1542.50 1201.20 1593.45 1197.05 2.873 times
28 Thu Mar 2024 1196.20 1323.00 1365.00 1176.00 0.799 times
29 Thu Feb 2024 1322.50 1492.00 1492.00 1243.25 0.784 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Neogen Chemicals (NEOGEN)

Indicator Name Indicator Value Indicator Signal
ADX 18, 16, 6 Buy
MACD 45, 60Sell
Stochastics 27Sell
CCI -42Sell
RSI 54Buy
OBV 786402Sell
VWAP 1475Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Neogen Chemicals stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Neogen Chemicals in short term but the sell signal is initial and weak.

Neogen Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Neogen Chemicals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Neogen Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1474.8 and Neogen Chemicals (NEOGEN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Neogen Chemicals (NEOGEN) stock. Volume based technical analysis of Neogen Chemicals (NEOGEN) stock is negative.

Neogen Chemicals Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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