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Is NEOG preparing to trend higher? Crossed Above 50 Day Moving Average shows up after rising 2.29%
On Wednesday, July 29th, NEOG moved up 2.29% while volume increased to 1.3× the usual levels. Multiple bullish signals emerged — Crossed Above 50 DMA and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 9.15, 8.89 & 8.73, with resistance at 9.56, 9.72 & 9.98. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of NEOG: B
There’s more where that came from. See all of today’s signals for NEOG here.
Read full article here »