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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 2024-05-03 View latest technical analysis

10 day averaged volume of Neogen Chemicals is 118997

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1539.60	1581.35	1587.80	1521.15	0.362 times
02 Thu May 2024	1570.45	1549.95	1628.50	1548.00	1.143 times
30 Tue Apr 2024	1542.50	1540.15	1593.45	1525.00	0.967 times
29 Mon Apr 2024	1535.10	1507.50	1558.50	1487.70	0.738 times
26 Fri Apr 2024	1507.50	1557.75	1559.25	1501.25	0.715 times
25 Thu Apr 2024	1557.75	1385.00	1575.00	1380.00	5.025 times
24 Wed Apr 2024	1387.70	1398.55	1400.00	1380.00	0.207 times
23 Tue Apr 2024	1392.30	1382.00	1399.70	1341.65	0.658 times
22 Mon Apr 2024	1368.40	1375.00	1379.95	1353.05	0.146 times
19 Fri Apr 2024	1358.55	1350.00	1398.45	1340.00	0.215 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1502.9, but if it comes below 1502.9, then a intra day sell could be more profitable.
If you take a sell trade below 1502.9, then use 1502.9 as stoploss and 1410.28 as target. However if you take a buy trade in stock , then use 1502.9 as stoploss and 1614.1 as target.

Share price targets for Neogen Chemicals (NEOGEN)

Target Type	Value
Downside Target	1176.00
Downside Target	1243.25
Downside Target	1316.20
Downside Target	1487.70
Downside Target	1492.00
Downside Target	1521.15
Downside Target	1524.80
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	1475.37
Downside Intraday Target	1411.13
Upside Intraday Target	1616.17
Upside Intraday Target	1692.73
Upside Intraday Target	1551.93

Weekly technical analysis of Neogen Chemicals (NEOGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
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
12 Fri Apr 2024	1378.55	1351.05	1399.90	1324.35	0.533 times
05 Fri Apr 2024	1315.65	1201.20	1369.80	1197.05	1.94 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
03 Fri May 2024	1539.60	1549.95	1628.50	1521.15	0.11 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

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 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.

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

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Neogen Chemicals in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1530.81 and Neogen Chemicals (NEOGEN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.