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The Potential Rise in the Price of Neogenomics Inc (NEO) following insiders activity

CHWY Stock

Neogenomics Inc’s filing revealed that its General Counsel Olivo Alicia C unloaded Company’s shares for reported $79475.0 on Nov 15 ’24. In the deal valued at $15.36 per share,5,175 shares were sold. As a result of this transaction, Olivo Alicia C now holds 37,129 shares worth roughly $0.4 million.

Then, ALICIA OLIVO bought 5,175 shares, generating $81,713 in total proceeds.

Before that, Olivo Alicia C sold 1,040 shares. Neogenomics Inc shares valued at $16,695 were divested by the General Counsel at a price of $16.05 per share. As a result of the transaction, Olivo Alicia C now holds 43,813 shares, worth roughly $0.48 million.

The Benchmark Company downgraded its Neogenomics Inc [NEO] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. BTIG Research maintained its rating on December 29, 2023. It rated NEO as “a Buy”.

Price Performance Review of NEO

On Tuesday, Neogenomics Inc [NASDAQ:NEO] saw its stock fall -2.60% to $10.88. Over the last five days, the stock has lost -12.29%. Neogenomics Inc shares have fallen nearly -33.98% since the year began. Nevertheless, the stocks have fallen -33.86% over the past one year. While a 52-week high of $19.11 was reached on 01/08/25, a 52-week low of $10.69 was recorded on 02/25/25. SMA at 50 days reached $15.04, while 200 days put it at $15.05.

Levels Of Support And Resistance For NEO Stock

The 24-hour chart illustrates a support level at 10.58, which if violated will result in even more drops to 10.28. On the upside, there is a resistance level at 11.22. A further resistance level may holdings at 11.56. The Relative Strength Index (RSI) on the 14-day chart is 28.64, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.67%. Stochastics %K at 9.45% indicates the stock is a buying.

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