NEU Builds 10-Week Flat Base near 958.64 Pivot as Stage 2 Uptrend Holds

Posted on by Eben@CANSLIM Research
NEU stock profile infographic with daily candles, 20, 50 and 150-day simple moving averages and volume, Stage 2 (Advancing), as of October 23, 2026 at 00:49 — CANSLIM Research

NEU is trading at 863.91 within a constructive Stage 2 advancing uptrend, holding above a rising 30-week moving average with a 6.15 percent slope over six weeks. The market focus is on a 10-week flat base with a 10.3 percent depth and a pivot at 958.64, though a breakout has yet to occur and no VCP contraction is present. Sentiment is constructive, with the stock roughly 9.9 percent off its high and 49.6 percent above its 52-week low, while price remains below the 50-day moving average pending confirmation.

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