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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 2024-08-26 View latest technical analysis

10 day averaged volume of Neogen Chemicals is 85048

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	1520.40	1549.55	1549.55	1514.00	0.319 times
23 Fri Aug 2024	1531.50	1574.95	1586.00	1524.00	0.495 times
22 Thu Aug 2024	1559.05	1584.20	1597.60	1555.00	0.752 times
21 Wed Aug 2024	1581.65	1600.00	1620.00	1579.00	0.349 times
20 Tue Aug 2024	1610.15	1597.10	1621.90	1586.00	0.435 times
19 Mon Aug 2024	1597.10	1589.70	1620.00	1563.95	1.629 times
16 Fri Aug 2024	1589.70	1629.50	1635.90	1586.00	0.574 times
14 Wed Aug 2024	1623.40	1695.95	1702.65	1615.00	0.547 times
13 Tue Aug 2024	1695.95	1744.75	1775.05	1613.90	1.561 times
12 Mon Aug 2024	1732.60	1697.75	1823.55	1661.75	2.679 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1555.1, but if it comes above 1555.1, then a intra day buy could be more profitable.
If you take a sell trade below 1555.1, then use 1555.1 as stoploss and 1484.5 as target. However if you take a buy trade in stock , then use 1555.1 as stoploss and 1613.88 as target.

Share price targets for Neogen Chemicals (NEOGEN)

Target Type	Value
Downside Target	1197.05
Downside Target	1378.05
Downside Target	1409.10
Downside Target	1488.30
Upside Target	1586.00
Upside Target	1628.50
Upside Target	1699.95
Upside Target	1718.20
Upside Target	1745.05
Upside Target	1823.55

Intraday share price targets for Neogen Chemicals (NEOGEN)

Target Type	Value
Downside Intraday Target	1506.42
Downside Intraday Target	1492.43
Upside Intraday Target	1541.97
Upside Intraday Target	1563.53
Upside Intraday Target	1527.98

Weekly technical analysis of Neogen Chemicals (NEOGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	1520.40	1549.55	1549.55	1514.00	0.087 times
23 Fri Aug 2024	1531.50	1589.70	1621.90	1524.00	0.683 times
16 Fri Aug 2024	1589.70	1697.75	1823.55	1586.00	2.692 times
09 Fri Aug 2024	1678.25	1627.65	1699.95	1517.10	1.18 times
02 Fri Aug 2024	1631.30	1625.05	1718.20	1624.45	1.309 times

Price has moved down 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
26 Mon Aug 2024	1520.40	1650.05	1823.55	1514.00	1.121 times
31 Wed Jul 2024	1669.00	1595.00	1718.20	1488.30	0.286 times
28 Fri Jun 2024	1588.30	1541.85	1745.05	1378.05	4.554 times
31 Fri May 2024	1481.95	1549.95	1628.50	1409.10	0.418 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal for Neogen Chemicals in short term and the sell signal is strong.

Neogen Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 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 1644.44 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.