NEOGENOMICS INC.
NEOGENOMICS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NEO
ISIN:

NEOGENOMICS INC. - Daily - Technical analysis published on 01/15/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 10.33 USD
My targets
11.26 USD (+2.55%)
12.07 USD (+9.93%)
My analysis
The basic bullish trend is very strong on NEOGENOMICS INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 10.33 USD. Crossing the first resistance at 11.26 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 12.07 USD as an objective. Crossing it would then enable buyers to target 12.91 USD. Caution, a return to below 10.33 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NEOGENOMICS INC. rating is 10.98 USD. The price has increased by +5.78% since the last closing and was between 10.24 USD and 11.14 USD. This implies that the price is at +7.23% from its lowest and at -1.44% from its highest.

10.24
11.14
10.98

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NEOGENOMICS INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of NEOGENOMICS INC. indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.83 8.91 9.85 10.98 11.26 12.07 12.91
Change (%) -28.69% -18.85% -10.29% - +2.55% +9.93% +17.58%
Change -3.15 -2.07 -1.13 - +0.28 +1.09 +1.93
Level Minor Major Major - Intermediate Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.539.8910.4310.7911.3311.6912.23
Camarilla10.7310.8210.9010.9811.0611.1511.23
Woodie9.639.9410.5310.8411.4311.7412.33
Fibonacci9.8910.2310.4410.7911.1311.3411.69


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.208.829.9010.5211.6012.2213.30
Camarilla10.5110.6710.8210.9811.1411.2911.45
Woodie8.438.9410.1310.6411.8312.3413.53
Fibonacci8.829.479.8710.5211.1711.5712.22


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.265.987.6110.3311.9614.6816.31
Camarilla8.048.448.849.249.6410.0410.44
Woodie2.725.717.0710.0611.4214.4115.77
Fibonacci5.987.648.6710.3311.9913.0214.68

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.42
MACD (12,26,9): 0.0200
Directional Movement: 11.89
AROON (14): 85.71
DEMA (21): 10.07
Parabolic SAR (0,02-0,02-0,2): 9.03
Elder Ray (13): 0.60
Super Trend (3,10): 8.79
Zig ZAG (10): 10.98
VORTEX (21): 0.8300
Stochastique (14,3,5): 84.27
TEMA (21): 10.00
Williams %R (14): -6.56
Chande Momentum Oscillator (20): 1.89
Repulse (5,40,3): 9.7800
ROCnROLL: 1
TRIX (15,9): -0.2400
Courbe Coppock: 4.83
MA7: 10.11
MA20: 9.86
MA50: 10.15
MA100: 9.53
MAexp7: 10.28
MAexp20: 10.08
MAexp50: 9.96
MAexp100: 10.03
Price / MA7: +8.61%
Price / MA20: +11.36%
Price / MA50: +8.18%
Price / MA100: +15.22%
Price / MAexp7: +6.81%
Price / MAexp20: +8.93%
Price / MAexp50: +10.24%
Price / MAexp100: +9.47%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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