NEO is currently trading at $3.62, having experienced a decline of approximately 3.50% over the last 24 hours. The asset's daily range is narrow, with a high of $3.82 and a low of $3.60, indicating reduced volatility in the short term.

Volume stands at 13,054,134, representing about 5.12% of NEO's market capitalization, which suggests moderate trading activity relative to its overall market size. The short-term moving averages are all trending downwards, with the 8 SMA at $3.65 and the 13 SMA at $3.67, indicating bearish momentum.

The 1-hour RSI is currently at 28, signaling that NEO is nearing oversold conditions, which could lead to a potential price rebound. However, the 7-day RSI of 43 indicates that the asset is still in a weak position, with continued selling pressure observed in recent days.

Over the past week, NEO has dropped by 7.65%, while the 14-day change shows a more substantial decline of 9.46%. In contrast, the 30-day price change reveals a slight uptick of 3.90%, suggesting some level of price recovery over a longer timeframe.

Historically, NEO reached its all-time high of $198.38 on January 15, 2018, indicating significant long-term upside potential despite current price levels. Presently, market sentiment remains cautious, and the trend is leaning towards bearish, given the recent performance.

Considering the technical indicators and recent price actions, NEO appears to be in a consolidation phase with potential for short-term recovery. However, the overall trend remains negative, leading to a cautious stance.

Rating: Hold. NEO's current oversold conditions may present a buying opportunity, but the overall bearish trend and continued decline warrant a wait-and-see approach before making any significant investment decisions.