NEO is currently trading at $2.75, showing a modest 24-hour change of 1.34%. The daily trading range has been tight, with a high of $2.79 and a low of $2.67, reflecting limited volatility and investor caution.

The volume over the last 24 hours stands at approximately 7.66 million, contributing to a volume-to-market cap ratio of 3.95%. This indicates a relatively low trading activity compared to its market capitalization, suggesting reduced market interest at this price level.

Technical indicators show that the 8, 13, and 21-period simple moving averages (SMAs) are all slightly below the current price, indicating a bearish trend in the short term. Conversely, the 55 SMA at $2.72 shows a positive movement of 1.24%, suggesting potential support around this level.

The 1-hour Relative Strength Index (RSI) is at 41, indicating the asset is approaching oversold conditions, while the 7-day RSI at 45 suggests that NEO has been under pressure. Price changes over the last 7, 14, and 30 days are negative, indicating a longer-term bearish sentiment, with the 30-day change being particularly severe at -26.31%.

Given the significant distance from the all-time high of $198.38, NEO remains in a bearish trend with minimal upward momentum in the short term. Market participants should be cautious as recent price movements and technical indicators do not signal a strong recovery.

Rating: Hold. The current price levels, lack of bullish momentum, and negative longer-term price changes suggest a wait-and-see approach. Investors should monitor for signs of trend reversal before considering any buy positions.