Stock Price Prediction

Analysis and Insights

Technical Analysis:

NeoGenomics (NEO) is currently showing mixed signals on the technical front. The stock closed at $9.93 on March 20, 2025, with a 14-day RSI of 41.85, indicating a neutral to slightly bearish momentum. The MACD is currently at -0.82, suggesting a bearish trend, while the Stochastic Oscillator shows a bearish crossover with StochD (39.30) below StochK (43.15).

Fibonacci Levels:

The Fibonacci levels indicate a pivot point at $9.95, with support levels at $8.74 and resistance at $10.69. These levels are critical in determining potential price movements in the short term.

News Sentiment and Analyst Ratings:

Recent news indicates a cautious outlook from analysts, with Piper Sandler lowering the price target to $18 from $21, while maintaining an Overweight rating. Craig-Hallum also maintains a Buy rating with an average price target of $19.20, indicating a potential upside of 42.43% from current levels.

Price Prediction:

Based on the technical indicators and analyst sentiment, the stock is expected to face resistance at the $10.69 level and support at $8.74. Considering the current price of $9.93 and the bearish technical indicators, the stock is likely to trade sideways to slightly down in the next trading week.

Recommendation:

Given the current technical setup and mixed analyst sentiment, it is recommended to sell NeoGenomics (NEO) at the current price of $9.93, with a target price of $9.50 for the next trading week.