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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)

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Neogen Chemicals is 35869

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1327.80	1323.00	1344.65	1319.25	0.435 times
29 Thu Feb 2024	1322.50	1361.10	1366.65	1311.30	1.356 times
28 Wed Feb 2024	1366.65	1361.65	1388.00	1342.05	0.784 times
27 Tue Feb 2024	1354.40	1354.10	1393.60	1341.40	1.079 times
26 Mon Feb 2024	1334.10	1342.50	1359.00	1320.30	2.781 times
23 Fri Feb 2024	1346.75	1326.10	1367.95	1321.30	0.98 times
22 Thu Feb 2024	1328.75	1310.95	1347.05	1303.60	0.801 times
21 Wed Feb 2024	1311.00	1323.35	1330.90	1303.10	0.446 times
20 Tue Feb 2024	1309.80	1310.05	1334.80	1303.50	0.497 times
19 Mon Feb 2024	1311.85	1390.00	1390.00	1294.00	0.724 times

My analysis of stock is bearish for shortterm, and stock might move down till 1305.4 or till 1261.3. Use a stoploss of 1342.2 and if the stock hits stoploss, then it can shoot up till 1378.99

Share price targets for Neogen Chemicals (NEOGEN)

Target Type	Value
Downside Target	1243.25
Downside Target	1294.00
Upside Target	1393.60
Upside Target	1412.05
Upside Target	1463.05
Upside Target	1492.00
Upside Target	1506.00
Upside Target	1524.80
Upside Target	1560.00
Upside Target	1607.90

Intraday share price targets for Neogen Chemicals (NEOGEN)

Target Type	Value
Downside Intraday Target	1294.87
Downside Intraday Target	1261.93
Upside Intraday Target	1377.17
Upside Intraday Target	1426.53
Upside Intraday Target	1344.23

Weekly technical analysis of Neogen Chemicals (NEOGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1327.80	1342.50	1393.60	1311.30	1.867 times
23 Fri Feb 2024	1346.75	1390.00	1390.00	1294.00	0.718 times
16 Fri Feb 2024	1370.35	1330.00	1390.00	1243.25	1.278 times
09 Fri Feb 2024	1375.50	1402.05	1412.05	1362.00	0.861 times
02 Fri Feb 2024	1402.10	1404.95	1492.00	1386.80	1.754 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Neogen Chemicals (NEOGEN)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1327.80	1323.00	1344.65	1319.25	0.022 times
29 Thu Feb 2024	1322.50	1492.00	1492.00	1243.25	0.784 times
31 Wed Jan 2024	1463.55	1488.00	1524.80	1386.80	1.117 times
29 Fri Dec 2023	1480.05	1502.65	1560.00	1463.05	2.046 times

Scroll below to view daily charts

Price has moved up 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)

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Neogen Chemicals ( (NEOGEN) ) based on a mid to longer 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.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Neogen Chemicals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1333.96 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 negative.

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