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NEO PERFORMANCE MATERIALS IN (NEO.CA) Stock Technical Analysis

TSX:NEO - Toronto Stock Exchange - CA64046G1063 - Common Stock - Currency: CAD

8.28  -0.27 (-3.16%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to NEO. In the last year, NEO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

In the last month NEO has a been trading in the 8.00 - 9.74 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NEO is one of the better performing stocks in the Chemicals industry, it outperforms 74% of 32 stocks in the same industry.
When comparing the performance of all stocks over the past year, NEO turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
NEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEO is lagging the market.
Weekly and Daily overview Charts
NEO PERFORMANCE MATERIALS IN / NEO Weekly stock chart
NEO PERFORMANCE MATERIALS IN / NEO Daily stock chart
Setup Rating and Analysis

3

NEO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

7.53

9.55

When analyzing the support we can see 3 important areas.

  • Support @8.07 from a trend line in the weekly time frame.
  • A support zone ranging from 7.78 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 7.61 to 7.64. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 9.43 to 9.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.27
Mansfield0.17
10 Day High9.15
10 Day Low8.14
20 Day High9.74
20 Day Low8
52 Week High9.74
52 Week Low5.5
Performance
1 Week-4.28%
2 Weeks-3.38%
1 Month-12.38%
3 Month3.5%
6 Month2.99%
12 Month12.81%
2 Year-19.85%
3 Year-48.25%
5 Year3.89%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)45.25
LBB8.23
UBB8.88
NEO PERFORMANCE MATERIALS IN / NEO Daily stock chart

NEO PERFORMANCE MATERIALS IN

TSX:NEO (2/21/2025, 7:00:00 PM)

8.28

-0.27 (-3.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.16%
1 Week-4.28%
2 Weeks-3.38%
1 Month-12.38%
3 Month3.5%
6 Month2.99%
12 Month12.81%
2 Year-19.85%
3 Year-48.25%
5 Year3.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.9%
ATR Inc114.93%
Range Today0.47
ADR(20)0.31
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.27
Mansfield0.17
10 Day High9.15
10 Day Low8.14
20 Day High9.74
20 Day Low8
52 Week High9.74
52 Week Low5.5
CS1 End8.07
CR1 Start9.43
Volume & EV
DER(3)5.15%
DER(5)0.94%
Volume98.81K
Volume Incr-26.37%
Vol(5)54.30K
Vol(50)57.97K