Neogen (NEOG) is Overbought, What's Next?

Zacks Equity Research

Investors have definitely seen some solid trading in Neogen Corporation (NEOG) lately, leading to gains for some. However, NEOG is now in overbought territory thanks to its latest move, as the firm has an RSI value of 72.3. Additionally, Neogen currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

NEOGEN CP (NEOG): Free Stock Analysis Report

Zacks Investment Research