Yes there is such a thing, well there is now at least. I have recently found the band All The Saints who effectively fuse together the genres of neo-psychedelic and shoegazer. I am instantly a sucker for a band who does one of those two genres, but putting them together in my honest opinion is genius. All The Saints released their debut LP "Fire on Corridor X "back in May of this year, though sadly it took me until a few days ago to hear it. Every song on "Fire.." is full of pulsating stoner rock one would expect from psychedelia coming through a wall of heavily distorted guitars as expected from shoegazer. While every song on their LP is excellent I have included here the song "Sheffield" as it was the first song that I heard from them which made me want to check out more.