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Neogen Chemicals Limited

NEOGEN.BO•BSE
Basic Materials
Chemicals - Specialty
₹1381.45
₹79.30(6.09%)
Indian Market opens in 10h 11m

Neogen Chemicals Limited (NEOGEN.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Neogen Chemicals Limited (BSE:NEOGEN.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NEOGEN.BO Technical Analysis Summary

Neogen Chemicals Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 56.63)
Trend Strength:Weak (ADX: 19.92)
Volatility:High (ATR: 78.62)
Support/Resistance:$1094.84 – $1497.35 (Bollinger Bands)

This mix signals that Neogen Chemicals Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.63

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.61

Bullish
Buying momentum building without extremes.

Williams %R: -9.22

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.56

Neutral
Price change is minimal.

Takeaway:Neogen Chemicals Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -14.95

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.92

Weak
Weak trend, market trading sideways.

ATR (14): 78.62

Rising
Rising volatility, market activity increasing.

CCI (14): 111.86

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Neogen Chemicals Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1497.35
Middle Band (SMA 20)
$1296.09
Lower Band
$1094.84
Current Position
Within Bands

Takeaway:Neogen Chemicals Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1441.09
Middle Line (EMA 20)
$1283.84
Lower Channel
$1126.59
Squeeze Status
No Squeeze

Takeaway:Neogen Chemicals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume71.06K
Money Flow Index44.75Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.65Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:NEOGEN.BO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Neogen Chemicals Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Neogen Chemicals Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ