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20 Day Moving Average Resistance appears for NEOG after 3.9% move
NEOG posted a 3.9% loss on Tuesday, June 30th, accompanied by 0.2× normal trading volume. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA, MACD Bearish Signal Line Cross & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 8.52, 8.3 & 7.92, with resistance at 9.13, 9.51 & 9.73.
Current SwingTradeBot Technical Rating of NEOG: C
This might just be the start. See what else showed up for NEOG today.
Read full article here »