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Neelamalai Agro (NEAGI) — Technical Setup
₹3,250.00 +1.56% Weak Downtrend Volatility Expansion Bearish
Summary
Neelamalai Agro is in a weak downtrend on the daily chart. RSI(14) is 48.7, MACD is below its signal line, ADX reads 22. Volume in the latest session was 0.6× its 20-day average. Over three months it has outperformed the Nifty 50 by 8.9 percentage points. Nearest support is ₹3,190.00 and resistance ₹3,294.75. Its technical score is 39/100 (bearish).
🧮 How the 39/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (0.00)3/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (21.86)3/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (48.71)2/6
- MACD line above its signal line0/4
- MACD line above zero (-40.88)0/3
- 12-day rate of change positive (-1.30)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (8.89)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.23)5/5
- More volume on up days than down days (20 sessions) (0.23)0/5
- Close above 20-day VWAP (-0.44)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (2.84)4/6
- Price in the upper half of its Bollinger Bands (0.44)2/5
- Shallow drawdown from the 52-week high (-9.72)5/5
- Volatility contracting (20-day volatility below its 6-month median) (5.30)4/4
- Room to the next resistance (≥8% scores full) (1.38)0/5
- Support close below (a tight, definable stop) (1.85)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-9.72)2/5
🧭 Regime: Weak Downtrend
Volatility Expansion — Bollinger width is in the 83th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for NEAGI — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 48.71 | -5.21 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
NEAGI ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹3,587.00 | +10.4% | 2 |
| Resistance | ₹3,478.10 | +7.0% | 2 |
| Resistance | ₹3,410.00 | +4.9% | 1 |
| Resistance | ₹3,294.75 | +1.4% | 4 |
| Close | ₹3,250.00 | — | |
| Support | ₹3,190.00 | −1.9% | 1 |
| Support | ₹3,025.10 | −6.9% | 3 |
52-week range: ₹3,001.00 – ₹3,600.00 (-9.72% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹3,001.00 (2026-08-17) to ₹3,600.00 (2026-08-31). Price has retraced 58.4% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹3,458.64 | +6.4% | S/R confluence |
| 38.2% retracement | ₹3,371.18 | +3.7% | S/R confluence |
| 50.0% retracement | ₹3,300.50 | +1.6% | S/R confluence |
| 61.8% retracement | ₹3,229.82 | -0.6% | nearest |
| 78.6% retracement | ₹3,129.19 | -3.7% | |
| 127.2% extension | ₹3,762.93 | +15.8% | |
| 161.8% extension | ₹3,970.18 | +22.2% | |
| 200.0% extension | ₹4,199.00 | +29.2% |
Next Fibonacci time zone: 55 sessions from the swing start ≈ 2026-11-25 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Bullish Marubozu 2026-10-28 bullish Strong · 70
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
- OBV bearish 2026-09-28 → 2026-10-16₹3,486.10 → ₹3,574.00
✅ Screens NEAGI passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| MGELMangalam Global Enterprise Limited | ₹17.32 | +1.88% | 78 | Strong Uptrend | 83.00 |
| NGILNakoda Group of Industries Limited | ₹44.06 | +0.25% | 78 | Uptrend | 88.00 |
| VADILALINDVadilal Industries Limited | ₹7,431.00 | -0.82% | 74 | Range | 90.00 |
| TATACONSUMTATA CONSUMER PRODUCTS LIMITED | ₹1,028.90 | +0.29% | 72 | Range | 50.00 |
| HALDERHalder Venture Limited | ₹272.80 | +1.04% | 70 | Range | 74.00 |
| KMSUGARK.M.Sugar Mills Limited | ₹31.85 | +4.26% | 68 | Uptrend | 80.00 |
| CUPIDCupid Limited | ₹340.50 | +4.91% | 67 | Uptrend | 99.00 |
| DCMSRINDDCM Shriram Industries Limited | ₹61.57 | +0.75% | 66 | Strong Uptrend | 88.00 |
| TASTYBITETasty Bite Eatables Limited | ₹9,423.00 | -3.19% | 65 | Range | 80.00 |
| ABDLAllied Blenders and Distillers Limited | ₹708.25 | +1.43% | 64 | Uptrend | 87.00 |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.