NEO is currently priced at $3.62, reflecting a 24-hour decline of 2.38%. The daily trading range remains narrow at 0.2%, with the price oscillating between a high of $3.82 and a low of $3.62, indicating limited volatility in recent trading sessions.

Volume stands at 12,665,202, representing a volume-to-market cap ratio of 4.96%. This relatively low volume suggests decreased trading activity and may indicate a lack of strong buying interest at the current price levels, contributing to the downward pressure on the asset.

The short-term moving averages are all trending downward, with the 8 SMA at $3.73 showing a decline of 2.85%, and the 13 SMA at $3.74 down 3.28%. The longer moving averages, such as the 55 SMA at $3.83 and the 144 SMA at $3.90, further confirm a bearish trend, with declines of 5.52% and 7.28% respectively.

The 1-hour RSI is notably low at 27, signaling oversold conditions, while the 7-day RSI at 42 suggests a neutral to bearish sentiment. Recent price changes indicate a significant 14-day decline of over 11%, which points to sustained selling pressure that may discourage new buyers in the immediate term.

Fundamentally, NEO has experienced substantial depreciation from its all-time high of $198.38, which occurred in January 2018. This long-term downtrend, combined with the current price action and technical indicators, suggests that investors are still cautious and may be waiting for clearer bullish signals before committing capital.

Given the current technical indicators, declining moving averages, and low RSI levels, the outlook for NEO remains bearish in the short to medium term. Therefore, the recommendation is to Hold at this time, monitoring for potential reversal signals or a significant increase in volume before considering a Buy.