NEO is currently trading at $2.73, reflecting a 6.5% increase over the past 24 hours. The daily price range has been narrow, with a high of $2.76 and a low of $2.56, indicating some volatility but overall stability in the immediate term.

Volume has reached over 10 million, contributing to a Vol/Market Cap ratio of 5.22%, which shows moderate trading activity relative to its market capitalization. The short-term moving averages indicate bullish momentum, with the 8 SMA at $2.68 trending up by 1.70%, while longer-term averages are relatively flat, particularly the 144 SMA at $2.73.

The 1-hour RSI stands at 78, suggesting that NEO is in overbought territory, which may lead to a pullback in price shortly. In contrast, the 7-day RSI at 49 indicates that the asset is approaching neutral territory, implying that while there has been a recent uptick, there is still potential for further recovery without being overextended.

NEO has experienced significant declines over the last 30 days, with a price drop of 27.1%. This trend suggests that the recent short-term rally may not be sustainable unless supported by stronger buying pressure or positive news catalysts.

Given the current price action and technical indicators, NEO's short-term momentum appears positive, but the overbought condition on the hourly RSI raises concerns about immediate price sustainability. Overall, considering the recent volatility and longer-term downtrend, a Hold rating is appropriate, allowing for a wait-and-see approach to assess if the upward momentum can be maintained or if further declines are forthcoming.