NeoGenomics Inc (NEO)
NeoGenomics, Inc. is a leading provider of cancer-focused diagnostics and testing services, operating an extensive network of laboratories across the United States, Europe, and Asia. Headquartered in Fort Myers, Florida, the company specializes in molecular and genomic testing, aiming to improve patient outcomes through innovative diagnostic solutions. With a commitment to advancing cancer care, NeoGenomics leverages cutting-edge technology and a robust portfolio of tests to support healthcare providers and patients in making informed treatment decisions.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 95.89% per annum.
- NEO price at the close of March 24, 2026 was $7.86 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.74% per annum.
- NEO price at the close of March 24, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of NEO price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: January 21, 2026
End date: March 24, 2026
a = 18.0002
b = -0.0087
s = 0.0316
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0087) – 1
= -95.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0316) – 1
= 13.46%
January 21, 2026 calculations
Top border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 + 2 × s)
= Exp(a + b × 1,763 + 2 × s)
= Exp(18.0002 + -0.0087 × 1,763 + 2 × 0.0316)
= Exp(2.6502)
= $14.16
Bottom border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 – 2 × s)
= Exp(a + b × 1,763 – 2 × s)
= Exp(18.0002 + -0.0087 × 1,763 – 2 × 0.0316)
= Exp(2.5240)
= $12.48
March 24, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(18.0002 + -0.0087 × 1,825 + 2 × 0.0316)
= Exp(2.1082)
= $8.23
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(18.0002 + -0.0087 × 1,825 – 2 × 0.0316)
= Exp(1.9819)
= $7.26
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 95.89% per annum.
- NEO price at the close of March 24, 2026 was $7.86 and was inside the primary price channel.
Secondary Trend
Start date: March 10, 2026
End date: March 24, 2026
a = 8.3903
b = -0.0035
s = 0.0261
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0035) – 1
= -71.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0261) – 1
= 11.01%
March 10, 2026 calculations
Top border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 + 2 × s)
= Exp(a + b × 1,811 + 2 × s)
= Exp(8.3903 + -0.0035 × 1,811 + 2 × 0.0261)
= Exp(2.1721)
= $8.78
Bottom border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 – 2 × s)
= Exp(a + b × 1,811 – 2 × s)
= Exp(8.3903 + -0.0035 × 1,811 – 2 × 0.0261)
= Exp(2.0677)
= $7.91
March 24, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(8.3903 + -0.0035 × 1,825 + 2 × 0.0261)
= Exp(2.1237)
= $8.36
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(8.3903 + -0.0035 × 1,825 – 2 × 0.0261)
= Exp(2.0192)
= $7.53
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.74% per annum.
- NEO price at the close of March 24, 2026 was inside the secondary price channel.