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Stock analysis Neogen Chemicals Limited NEOGEN

More indepth analysis on MunafaSutra.com

Moving Averages for Neogen Chemicals Limited

  • 5Day Average: 2089.54
  • 12Day Average: 2104.88
  • 20Day Average: 2090.81
  • 50Day Average: 1769.01
  • 100Day Average: 1681.12
  • 150Day Average: 1580.53
  • 200Day Average: 1534.15

NEOGEN Indicators & signals

Indicator MACD (12,26,9)

2081.1, 1981.08, 120.91
Indicator MACD is in positive zone

Indicator ADX (14)

34.43, 23.79, 11.6
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NEOGEN Neogen Chemicals Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Mon Oct 2024 2081.90 2068.10 to 2210.00 -3.55% 0.52 times
11 Fri Oct 2024 2158.45 2060.00 to 2190.00 2.9% 0.57 times
10 Thu Oct 2024 2097.55 2050.00 to 2215.80 1.86% 1.34 times
09 Wed Oct 2024 2059.25 2025.15 to 2166.00 0.42% 0.69 times
08 Tue Oct 2024 2050.55 2000.05 to 2100.00 2.11% 0.62 times
07 Mon Oct 2024 2008.20 1976.30 to 2150.00 -2.35% 0.7 times
04 Fri Oct 2024 2056.60 2029.80 to 2178.30 -4.98% 0.72 times
03 Thu Oct 2024 2164.50 2128.20 to 2228.45 -0.74% 0.7 times
01 Tue Oct 2024 2180.55 2055.00 to 2273.25 5.51% 2.86 times
30 Mon Sep 2024 2066.60 2041.20 to 2182.25 -4.33% 0.59 times
27 Fri Sep 2024 2160.10 2075.00 to 2231.45 -0.66% 1.22 times
26 Thu Sep 2024 2174.35 2140.05 to 2250.00 -3.47% 0.87 times

Technical analysis forecast of Neogen Chemicals Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Neogen Chemicals Limited NEOGEN at this time. Stock is rising and might rise more.

It appears as if Neogen Chemicals Limited NEOGEN gave a large move recently.

Stock of Neogen Chemicals Limited (NEOGEN) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Neogen Chemicals Limited is bullish for shortterm, and stock might move up till 2191.3 or till 2390.4. Use a stoploss of 2025.31 and if this stock hits its stoploss, then it can fall down till 1859.35

More indepth analysis on MunafaSutra.com