Why is NEOG Down Today?

NEOG
$12.40
▼ -3.13% ($-0.39)
Last updated: Oct 01, 2026 8:35 PM ET

About Neogen Corp

Neogen Corporation, headquartered in Lansing, Michigan, develops, manufactures, and markets various products for food and animal safety. In food safety, the company performs diagnostics to detect unintended substances in food and animal feed, to prevent contamination and foodborne illnesses such as ...

Sector: IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES
Market Cap: $1.26B
Forward P/E: 16.4
52-Week Range: $5.37 - $14.26
Employees: 1,456

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES sector moving together
This appears to be a sector-wide move. The IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES sector is down 1.2% on average.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES sector: -1.2%

This appears to be a sector-wide move. Most IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES stocks are moving in the same direction.

Market Comparison

NEOG is significantly underperforming the market (-3.3% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
NEOG
This Stock
-3.13%
vs S&P 500: -3.31%
vs Nasdaq: -3.44%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, NEOG is expected to trade between:
$12.03 - $12.65

Key Level to Watch

$11.78 support
Watch for breakdown below $12.40

🔔 Get NEOG Alerts

We'll notify you when NEOG's trend changes or a new signal fires.

Last updated: Oct 01, 2026 8:35 PM (-241 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.06
Put/Call Ratio
82.9%
Implied Volatility
Call Volume: 38,997
Put Volume: 2,359
Total: 41,356
Unusual Activity: $15 CALL (5,025 vol) $15 CALL (5,006 vol) $15 CALL (5,000 vol)

Historical Context

NEOG has moved more than 3.0% down on 24 occasions in the past year.

54.2%
Continuation Rate
13/24 times continued down
+0.36%
Avg Next Day Change
After similar down moves
Last similar move: Sep 29, 2026 (-7.2%) → Next day: +0.5%

Frequently Asked Questions

Why is NEOG stock down today?

This appears to be a sector-wide move. The IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES sector is down 1.2% on average.

Is NEOG stock a buy or sell right now?

Based on current analysis, NEOG shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the NEOG stock price target?

NEOG is currently trading at $12.40. Based on today's momentum, the expected short-term range is $12.03 - $12.65. See long-term price prediction →

Will NEOG stock continue falling?

Our analysis shows a 45% probability that NEOG's move continues in the next 1-3 days. Key level to watch: $11.78 (support).

Is NEOG stock oversold or overbought?

NEOG's RSI (Relative Strength Index) is currently at 48.0. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for NEOG stock?

NEOG's 10-day momentum indicator is at -0.43. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is NEOG outperforming or underperforming the market?

NEOG (-3.13%) is currently significantly underperforming the market (-3.3% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for NEOG?

NEOG's MACD (0.39) is currently below the signal line (0.49), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 41.8) is strong.

Is NEOG in an uptrend or downtrend?

Based on moving average analysis, NEOG is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $12.68, 50-day SMA: $11.85.

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