Simple MA 50 Touches 15.9698 for These Shares: NeoGenomics, Inc. (NASDAQ:NEO)

As we move closer towards the end of the year, investors might be looking over the portfolio and trying to see what has been working and what hasn’t been. Investors may be studying the most recent earnings reports of stocks they own in order to make sure that everything is still in order. Active investors might be double checking the portfolio to make sure that it is properly diversified. There might be a few adjustments that need to be made in order to keep the holdings balanced. Of course, nobody can say for sure which way the momentum will shift over the next couple of quarters, but being prepared for any situation is generally considered to be a good idea. 

Dedicated traders will often pay close attention to Exponential Moving Average levels. EMA study can help guide traders when gauging market strength. We can see the following EMA levels on shares of NeoGenomics, Inc. (NASDAQ:NEO):

30 day Exponential Moving Average: 16.341713
50 day Exponential Moving Average: 15.910389
100 day Exponential Moving Average: 15.3665695
10 day Exponential Moving Average: 16.707018
20 day Exponential Moving Average: 16.557325
200 day Exponential Moving Average: 14.829101

Traders checking the pulse on shares of NeoGenomics, Inc. (NASDAQ:NEO) will note that since the opening price of 16.94, the stock has moved 0.06. During the session, the stock has hit a low of 16.92 and reached a high of 17. Volume on the day is around 9764. 

The HMA or Hull Moving Average for the stock is presently 16.969074. The HMA may help with technical analysis by reducing lag and heightening responsiveness. Traders often find that following this indicator helps with reduction of noise.

As traders scan the equity market, they may be using Simple Moving Averages to help figure out where a stock is headed. Following some SMA levels, we can see that the 10 day is 16.6475, the 20 day is 16.598, and the 30 day is 16.553333. Tracking some other time periods, we note that the 50 day SMA is 15.9698 , the 100 day is 14.6999 , and the 200 day SMA is currently 15.07315.

Scanning through some ratings, we note that the current Oscillator Rating on the stock is a “Neutral”. The Moving Average Rating is sitting at a “Strong Buy”. Traders may use these signals in conjunction with other indicators in order to set up the chart for future trading success.

Investors following NeoGenomics, Inc. (NASDAQ:NEO) can see that the stock most recently closed at 17
Past 3 months: -3.5734544
One year change: 134.48276
Year-to-date: 34.81364
Past week: 0.5322294
Past month: 10.677083

Traders following Donchian Channels can see that the 20 day upper band is 17 and the 20 day lower band is 16.19. These channels are used by technicians to help spot possible breakouts, and they may also be used to confirm a defined trend.

NeoGenomics, Inc. (NASDAQ:NEO) has drawn the attention of traders as the price has moved 0.35419127% since the open. The prior session close was noted at 17. Looking back over the last month, we note that the stock’s high point was seen at 17.

Investing in the stock market will always involve some level of risk. Investors often have to determine how much they are willing to risk, and try to project what the potential reward could be. Taking on too much risk may put the average investor out of their comfort zone. Finding that sweet spot for risk appetite may help investors get on the correct path to conquering the markets. As companies continue to report quarterly earnings, investors will be watching which companies post larger than expected surprises. Analysts will also be watching the numbers closely in order to make sense of the results and update estimates accordingly.

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