NEOGENOMICS INC. - Daily - Technical analysis published on 10/01/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 21.16 USD
My targets
18.50 USD (-3.24%)
16.33 USD (-14.59%)
My analysis
NEOGENOMICS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 21.16 USD. The next support located at 18.50 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 16.33 USD. Below this support, sellers could then target 14.87 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEOGENOMICS INC. price is 19.12 USD. The price has increased by +0.00% since the last closing and was between 18.80 USD and 19.37 USD. This implies that the price is at +1.70% from its lowest and at -1.29% from its highest.18.80
19.37
19.12
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of NEOGENOMICS INC. indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.87 | 16.33 | 18.50 | 19.12 | 21.16 | 24.10 | 26.24 |
| Change (%) | -22.23% | -14.59% | -3.24% | - | +10.67% | +26.05% | +37.24% |
| Change | -4.25 | -2.79 | -0.62 | - | +2.04 | +4.98 | +7.12 |
| Level | Minor | Major | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.93 | 18.41 | 18.76 | 19.24 | 19.59 | 20.07 | 20.42 |
| Camarilla | 18.89 | 18.97 | 19.04 | 19.12 | 19.20 | 19.27 | 19.35 |
| Woodie | 17.88 | 18.38 | 18.71 | 19.21 | 19.54 | 20.04 | 20.37 |
| Fibonacci | 18.41 | 18.72 | 18.92 | 19.24 | 19.55 | 19.75 | 20.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.60 | 16.74 | 17.93 | 20.07 | 21.26 | 23.40 | 24.59 |
| Camarilla | 18.20 | 18.51 | 18.82 | 19.12 | 19.43 | 19.73 | 20.04 |
| Woodie | 14.13 | 16.50 | 17.46 | 19.83 | 20.79 | 23.16 | 24.12 |
| Fibonacci | 16.74 | 18.01 | 18.80 | 20.07 | 21.34 | 22.13 | 23.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.03 | 21.79 | 23.38 | 25.14 | 26.73 | 28.49 | 30.08 |
| Camarilla | 24.06 | 24.37 | 24.67 | 24.98 | 25.29 | 25.59 | 25.90 |
| Woodie | 19.96 | 21.75 | 23.31 | 25.10 | 26.66 | 28.45 | 30.01 |
| Fibonacci | 21.79 | 23.07 | 23.86 | 25.14 | 26.42 | 27.21 | 28.49 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 26.07 | |
| MACD (12,26,9): | -1.2300 | |
| Directional Movement: | -23.87 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 20.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.31 | |
| Elder Ray (13): | -1.76 | |
| Super Trend (3,10): | 21.78 | |
| Zig ZAG (10): | 19.12 | |
| VORTEX (21): | 0.7000 | |
| Stochastique (14,3,5): | 6.21 | |
| TEMA (21): | 19.21 | |
| Williams %R (14): | -91.91 | |
| Chande Momentum Oscillator (20): | -3.43 | |
| Repulse (5,40,3): | -5.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6000 | |
| Courbe Coppock: | 26.48 |
| MA7: | 20.26 | |
| MA20: | 21.85 | |
| MA50: | 23.59 | |
| MA100: | 23.13 | |
| MAexp7: | 20.04 | |
| MAexp20: | 21.53 | |
| MAexp50: | 22.69 | |
| MAexp100: | 22.48 | |
| Price / MA7: | -5.63% | |
| Price / MA20: | -12.49% | |
| Price / MA50: | -18.95% | |
| Price / MA100: | -17.34% | |
| Price / MAexp7: | -4.59% | |
| Price / MAexp20: | -11.19% | |
| Price / MAexp50: | -15.73% | |
| Price / MAexp100: | -14.95% |
News
Don"t forget to follow the news on NEOGENOMICS INC.. At the time of publication of this analysis, the latest news was as follows:
- NeoGenomics To Present At 2019 Cantor Global Healthcare Conference
- NeoGenomics to Participate in Two Upcoming September Institutional Investor Conferences
- NeoGenomics Announces Leadership Transition and Reiterates Recently Increased 2019 Financial Guidance
- NeoGenomics Announces Grand Opening of New Pharma Services Laboratory in Singapore
- NeoGenomics Reports 50% Revenue Growth to Record $102 Million in the Second Quarter
This member declared not having a position on this financial instrument or a related financial instrument.
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