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NEOG forms 20 Day Moving Average Resistance on July 24
On Friday, July 24th, NEOG moved down 2.19% while volume shrunk to 0.5× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 9.31, 9.22 & 9.06, with resistance at 9.57, 9.73 & 9.82.
Current SwingTradeBot Technical Rating of NEOG: B
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