Is Neogen Chemicals Limited stock a buy or sell right now?

Neogen Chemicals Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Neogen Chemicals Limited’s RSI?

RSI is 56.68, showing balanced momentum within the normal range.

What does MACD indicate for NEOGEN.NS?

MACD at -15.23 shows bearish pressure, with downside momentum building.

What are Neogen Chemicals Limited’s key support and resistance levels?

Support sits around $1092.96, while resistance is near $1498.42.

Neogen Chemicals Limited

NEOGEN.NS•NSE

Basic Materials

Chemicals - Specialty

₹1388.40

₹87.00(6.69%)

Indian Market opens in 10h 23m

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

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

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.NS Technical Analysis Summary

Neogen Chemicals Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 56.68)

Trend Strength:Moderate (ADX: 20.33)

Volatility:High (ATR: 80.76)

Support/Resistance:$1092.96 – $1498.42 (Bollinger Bands)

Technical conditions suggest Neogen Chemicals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 56.68

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 75.26

Bullish

Buying momentum building without extremes.

Williams %R: -10.95

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 0.46

Neutral

Price change is minimal.

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

Trend & Volatility

MACD: -15.23

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 20.33

Moderate

Moderate trend, direction gaining strength.

ATR (14): 80.76

Rising

Rising volatility, market activity increasing.

CCI (14): 108.80

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Neogen Chemicals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators

Bollinger Bands

Upper Band

$1498.42

Middle Band (SMA 20)

$1295.69

Lower Band

$1092.96

Current Position

Within Bands

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

Keltner Channels

Upper Channel

$1444.61

Middle Line (EMA 20)

$1283.09

Lower Channel

$1121.58

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 Volume1.88M

Money Flow Index48.54Neutral, balanced money flows with no clear signal.

Relative Vigor Index60.43Bullish, price momentum strongly favors buyers.

Overall Takeaway:NEOGEN.NS 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

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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.