Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Neogen Chemicals Limited

NEOGEN.BOBSE
Basic Materials
Chemicals - Specialty
1250.20
-84.00(-6.30%)
Indian Market opens in 0h 48m

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 Bearish (RSI: 41.52)
Trend Strength:Moderate (ADX: 21.99)
Volatility:High (ATR: 76.95)
Support/Resistance:$1268.99 – $1489.17 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 41.52

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 13.42

Bullish
Oversold zone signals rebound potential.

Williams %R: -97.14

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -14.32

Strongly Bearish
Sharp downside momentum.

Takeaway:Neogen Chemicals Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 6.52

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.99

Moderate
Moderate trend, direction gaining strength.

ATR (14): 76.95

Rising
Rising volatility, market activity increasing.

CCI (14): -208.00

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Neogen Chemicals Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1489.17
Middle Band (SMA 20)
$1379.08
Lower Band
$1268.99
Current Position
Below Lower Band

Takeaway:Neogen Chemicals Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$1510.64
Middle Line (EMA 20)
$1356.74
Lower Channel
$1202.85
Squeeze Status
Squeeze On

Takeaway:Neogen Chemicals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume189.47K
Money Flow Index68.18Bullish, inflows support continued momentum.
Relative Vigor Index40.37Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NEOGEN.BO shows mixed signals in money flow analysis.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ