NEO is currently priced at $2.79, reflecting a significant 24-hour decline of 10.28%. The price has experienced a daily range of 0.38%, indicating low volatility amid the downward trend, with a 24-hour high of $3.17 and a low matching the current price.

Trading volume stands at approximately 17.59 million, representing 8.95% of NEO's market cap. This volume suggests a moderate level of activity, yet it is insufficient to counteract the prevailing bearish sentiment reflected in the price decline.

Short-term moving averages indicate a persistent downward trend, with the 8 SMA at $2.99 showing a 6.56% drop, while longer-term averages such as the 144 SMA at $3.17 highlight a broader downtrend of 11.90%. These averages suggest that NEO lacks the momentum needed for a recovery in the near term.

The 1-hour RSI is critically low at 19, indicating oversold conditions, while the 7-day RSI at 43 reflects weak bullish momentum. Both RSI indicators support the likelihood of further downside potential unless a significant catalyst emerges.

Over the past week, NEO's price has decreased by 16.76%, and the 14-day and 30-day price changes of -23.23% and -29.79%, respectively, further illustrate a sustained bearish trend. This consistent downtrend from higher levels signals a lack of buyer interest and persistent selling pressure.

Given the substantial distance from its all-time high of $198.38, NEO's current price is under extreme pressure and has not demonstrated any fundamental shifts that could support a rebound. Therefore, considering the technical indicators and the overall market sentiment, a Sell rating is warranted for NEO, as further declines appear likely without signs of stabilization or recovery.