Question 1

What implications does the 10-day RSI indicator have for NEO?

Accepted Answer

The 10-day RSI Indicator for NEO moved out of overbought territory on August 02, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In 30 of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about NEO's trend?

Accepted Answer

On August 19, 2024, the Stochastic Oscillator for NEO moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 51 instances where the indicator left the oversold zone. In 42 of the 51 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did NEO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on NEO as a result. In 61 of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for NEO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for NEO turned negative on August 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 35 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day price advance indicate for NEO?

Accepted Answer

Following a +3.91% 3-day Advance, the price is estimated to grow further. Considering data from situations where NEO advanced for three days, in 241 of 308 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for NEO's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NEO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.

Question 7

What does NEO breaking above its upper Bollinger Band indicate?

Accepted Answer

NEO broke above its upper Bollinger Band on July 30, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

How does the Aroon Indicator reflect on NEO's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 217 of 259 cases where NEO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

NEO Stock NeoGenomics (NEO, $13.13) RSI Indicator left the oversold zone on June 06, 2024

NEO sees its Stochastic Oscillator recovers from oversold territory

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