Decline depth
-36.2%
From rolling 252-day high of 47.19 CAD, 38d ago.
Past the 30% Amber threshold.
Red List
NEO.TONEO PERFORMANCE MATERIALS INC
Basic Materials · Specialty Chemicals · small-cap ($1.4B)
-36.2%
from rolling 252-day high of 47.19 CAD set 2026-08-11 · 38d ago
Current
30.09 CAD
Decline depth
-36.2%
Decline σ
4.9σ
TFC
0/5 bearish
Where it stands
On the Red List.
Down 36.2% from its rolling 252-day high, 38 days after the high.
Snapshot . Price structure, not a judgment about the business.
What changed
Since the previous observation.
Tier and recovery signal are unchanged between these two observations.
Comparing with . This compares classification, not price returns.
See the recorded timeline →Why it is flagged
NEO.TO qualifies for the Red List on decline depth.
Down 36.2% from its rolling 252-day high, 38 days after the high. The most severe triggered rule determines the tier.
Inspect the three classification measures
Time-frame continuity
0/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
4.9σ
Drop over the last 20 bars in units of daily volatility (3.08%/day).
Past the ≥4σ Watch threshold.
Price history
The price path behind the snapshot.
Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.
Price chart unavailable for this symbol. The snapshot and recorded classification history remain available below.
The recorded history
A timeline of observations.
First observed 2026-09-09. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.
- Amber List → Red List
- Red List → Amber List
- First observed: Red List
Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.
Technical interpretation and signal details
The structural read
What price action says about NEO.TO.
NEO.TO qualifies for the Red List on decline depth — down -36.2% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause in the classification rules. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: decline sigma also reads 4.9σ over 20 bars.
Earnings on file: 2026-08-11. Earnings dates don't affect tiering.
Questions about NEO.TO
What people ask.
Why is NEO.TO on Broken Stocks?
NEO.TO qualifies for the Red List on decline depth. It is down -36.2% from its rolling 252-day high of 47.19 CAD, set on 2026-08-11 — 38d ago.
Is NEO.TO a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. NEO.TO is down -36.2% from its 52-week high of 47.19 CAD, set 38d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — the classification does not predict subsequent returns. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is NEO.TO a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is NEO.TO trading inside its 52-week range?
At 30.09 CAD, NEO.TO sits 46.4% of the way from its 52-week low (15.31 CAD) to its 52-week high (47.19 CAD). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has NEO.TO been declining?
The current 36.2% decline accrued over 38d, which annualizes to roughly -347.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does NEO.TO compare to its sector?
There are 230 other Basic Materials tickers on Broken Stocks: 128 Red, 61 Amber, 41 Watch, with 101 showing recovering structural signals. Median sector decline is -36.4% — NEO.TO's decline is shallower than the sector median.
Does NEO.TO's earnings date affect its tier?
No. Tiering uses decline depth and recency, bearish time-frame structure, and decline sigma. The earnings date on file (2026-08-11) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.