NeoGenomics NEO is in Part 18, the ultimate stage of its Adhishthana Cycle on the weekly charts. After greater than 850 days of consolidation, the inventory exhibits little signal of breaking out. When analysed underneath the lens of the Adhishthana Rules, NEO appears to have taken the blue capsule, caught within the Matrix of range-bound buying and selling till August 2026.

NEO’s Cycle So Far

All through its cycle, NEO has aligned intently with the Adhishthana Rules, our proprietary mannequin that blends behavioral archetypes with quantitative alerts. Among the best examples of this was between Phases 9 and 12.

In line with the framework, shares in Phases 4 via 8 usually type a Cakra. It is a channel-like construction with an arc that always carries bullish implications. The breakout lastly is available in Part 9, which marks the beginning of the Himalayan Formation with robust bullish momentum. 

NEO adopted this path precisely. From Could 2016 to September 2019, it traded inside its Cakra. Then in Part 9, the inventory broke out sharply, rising from $18 to $34, marking the beginning of the Himalayan Formation. This three-leg sequence contains an ascent, a peak, and a remaining descent. The height is most frequently shaped in Part 10.

NEO delivered in step with expectations, extending its rally in Part 10 to succeed in $61. As I outlined in Adhishthana: The Rules That Govern Wealth, Time & Tragedy concerning peak formation in Part 10:

“The 18th interval is anticipated to be the extent of peak formation; if not, then the twenty third interval. If this part concludes with out forming the height, it’s anticipated to happen within the following phases.”

The inventory peaked in Part 10 and commenced its descent. On the time, market indicators and analyst rankings had been bullish, but our alerts had already turned purple. The goal for the descent leg is normally the Part 9 breakout degree, which for NEO was close to $18. In keeping with this, the inventory fell greater than 70% and returned to its breakout origin, finishing the Himalayan Formation.

What Went Mistaken For NeoGenomics? 

The issue for NEO began as soon as it entered its Guna Triads. In line with the ideas, Phases 14, 15, and 16 collectively type the Guna Triads. These decide whether or not a inventory can obtain Nirvana in Part 18, the very best level of its cycle.

For Nirvana to happen, the triads should present Satoguna, which is a clear and sustainable bullish transfer. For NEO, there was no such signal throughout the triads. The inventory did not construct bullish momentum, and this made it clear that Nirvana wouldn’t take form in Part 18.

That is precisely what has performed out. The inventory continues to consolidate in Part 18 and has stayed range-bound for greater than 850 days. The part concludes solely in August 2026, which implies the hunch might proceed for a while.

Investor Outlook

NEO had a robust run throughout its Himalayan Formation, however with weak Guna Triads in place, the inventory is locked in consolidation via August 2026. Buyers contemplating a place might need to wait, because the inventory is unlikely to indicate significant motion within the close to time period.

NeoGenomics seems to be caught within the Matrix, and for now, it has chosen the blue capsule. 

Benzinga Disclaimer: This text is from an unpaid exterior contributor. It doesn’t symbolize Benzinga’s reporting and has not been edited for content material or accuracy.