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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 2024-03-18 View latest technical analysis

10 day averaged volume of Neogen Chemicals is 26525

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	1272.75	1251.40	1279.30	1250.00	0.821 times
15 Fri Mar 2024	1251.40	1247.50	1259.00	1232.05	0.796 times
14 Thu Mar 2024	1239.55	1247.00	1283.15	1229.30	1.021 times
13 Wed Mar 2024	1241.65	1266.10	1275.80	1230.25	1.705 times
12 Tue Mar 2024	1266.10	1313.95	1317.65	1262.00	0.811 times
11 Mon Mar 2024	1313.90	1320.00	1324.00	1290.05	0.956 times
07 Thu Mar 2024	1323.45	1302.20	1346.60	1302.20	1.782 times
06 Wed Mar 2024	1315.80	1351.00	1352.95	1309.50	1.12 times
05 Tue Mar 2024	1351.00	1331.25	1365.00	1318.75	1.107 times
04 Mon Mar 2024	1322.75	1322.80	1330.50	1313.75	0.423 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1274.7, but if it comes above 1274.7, then a intra day buy could be more profitable.
If you take a sell trade below 1274.7, then use 1274.7 as stoploss and 1231 as target. However if you take a buy trade in stock , then use 1274.7 as stoploss and 1311.15 as target.

Share price targets for Neogen Chemicals (NEOGEN)

Target Type	Value
Downside Target	1229.30
Upside Target	1279.30
Upside Target	1365.00
Upside Target	1390.00
Upside Target	1393.60
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	1255.4
Downside Intraday Target	1238.05
Upside Intraday Target	1284.7
Upside Intraday Target	1296.65
Downside Intraday Target	1267.35

Weekly technical analysis of Neogen Chemicals (NEOGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	1272.75	1251.40	1279.30	1250.00	0.155 times
15 Fri Mar 2024	1251.40	1320.00	1324.00	1229.30	1.193 times
07 Thu Mar 2024	1323.45	1322.80	1365.00	1302.20	0.493 times
02 Sat Mar 2024	1322.80	1342.50	1393.60	1300.00	1.927 times
23 Fri Feb 2024	1346.75	1390.00	1390.00	1294.00	0.718 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
18 Mon Mar 2024	1272.75	1323.00	1365.00	1229.30	0.425 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 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)

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 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 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 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 losing momentum.

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

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

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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Neogen Chemicals in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1289.48 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.