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.NSNSE
Basic Materials
Chemicals - Specialty
1346.10
8.90(0.67%)
Indian Market opens in 6h 22m

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: 57.20)
Trend Strength:Strong (ADX: 31.50)
Volatility:Medium (ATR: 62.22)
Support/Resistance:$1229.12 – $1397.06 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 57.20

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 65.70

Bullish
Buying momentum building without extremes.

Williams %R: -46.93

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.95

Bearish
Selling pressure outweighs buying.

Takeaway:Neogen Chemicals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 34.84

Bullish
Bullish, trend momentum is strengthening.

ADX: 31.50

Strong
Strong trend, momentum well established.

ATR (14): 62.22

Rising
Rising volatility, market activity increasing.

CCI (14): 46.51

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1397.06
Middle Band (SMA 20)
$1313.09
Lower Band
$1229.12
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1430.08
Middle Line (EMA 20)
$1305.64
Lower Channel
$1181.20
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume9.41M
Money Flow Index42.19Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.13Bearish, price momentum favors sellers.

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.

MACD above 0 → bullish trend confirmation.

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

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