Technical Analysis for NEO - NEO Performance Materials Inc

Grade Last Price % Change Price Change
grade D 8.27 0.24% 0.020
NEO closed up 0.24 percent on Friday, July 10, 2020, on 28 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical NEO trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 0.24%
Stochastic Reached Oversold Weakness 0.24%
Down 3 Days in a Row Weakness 0.24%
Oversold Stochastic Weakness 0.24%
Fell Below 20 DMA Bearish -4.94%
MACD Bearish Signal Line Cross Bearish -8.31%
Narrow Range Bar Range Contraction -8.31%

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Profile

Neo Performance Materials Inc., through its subsidiaries, manufactures rare earth- and rare metal-based functional materials in Canada and internationally. It operates through three segments: Magnequench, Chemicals & Oxides (C&O), and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive, micro, and traction motors, as well as sensors and other applications. The C&O segment manufactures and distributes a range of light and heavy rare earth functional materials for use in auto catalyst, consumer electronic, petroleum refining, hybrid and electric vehicle, and wastewater treatment applications. The Rare Metals segment sources, produces, reclaims, refines, and markets high value metals and their compounds. Its products comprise high temperature metals consisting of tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium. This segment's products are used in superalloys for jet engines, medical imaging, wireless technologies, and LED lighting, as well as flat panel display, solar, steel additive, battery, and electronics applications. The company was founded in 1994 and is headquartered in Toronto, Canada.
Chemistry Physical Sciences Chemical Elements Transition Metals Metal Ferromagnetic Materials Steel Medical Imaging Niobium Reducing Agents Refractory Metals Wastewater Treatment

Is NEO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.84
52 Week Low 5.55
Average Volume 16,009
200-Day Moving Average 9.762
50-Day Moving Average 8.340
20-Day Moving Average 8.842
10-Day Moving Average 8.847
Average True Range 0.332
ADX 13.85
+DI 19.921
-DI 28.028
Chandelier Exit (Long, 3 ATRs ) 8.425
Chandelier Exit (Short, 3 ATRs ) 8.865
Upper Bollinger Band 9.524
Lower Bollinger Band 8.161
Percent B (%b) 0.08
BandWidth 15.415
MACD Line 0.047
MACD Signal Line 0.180
MACD Histogram -0.1337
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.450
Resistance 3 (R3) 8.463 8.417 8.420
Resistance 2 (R2) 8.417 8.371 8.410 8.410
Resistance 1 (R1) 8.343 8.343 8.380 8.330 8.400
Pivot Point 8.297 8.297 8.315 8.290 8.297
Support 1 (S1) 8.223 8.251 8.260 8.210 8.140
Support 2 (S2) 8.177 8.223 8.170 8.130
Support 3 (S3) 8.103 8.177 8.120
Support 4 (S4) 8.090