NEO's current price stands at $2.54, reflecting a significant 24-hour decline of 8.31%. The daily trading range is relatively narrow at 0.25%, indicating subdued market volatility, with the price oscillating between a high of $2.78 and a low of $2.53 during this period.

The trading volume of 8,503,878 contributes to a volume-to-market cap ratio of 4.75%, suggesting moderate trading activity relative to its market capitalization. Key technical indicators show that the 8 SMA is at $2.61 (down 2.65%), while longer-term SMAs exhibit even more pronounced downward trends, indicating overall bearish sentiment in the market.

The 1-hour RSI at 22 indicates that NEO is currently oversold, suggesting potential for a short-term reversal if buying interest emerges. However, the 7-day RSI at 46 reflects a neutral stance, while the 7-day price change of -8% and the 14-day change of -12% underline persistent selling pressure over the recent weeks.

NEO has experienced a drastic decline of 26.45% over the past 30 days, indicating a prolonged bearish trend that may deter new investors. The all-time high of $198.38, achieved in January 2018, highlights the significant distance from current price levels, raising concerns about long-term viability unless there are major shifts in market sentiment or development activity.

Considering the current technical indicators, ongoing bearish momentum, and lack of strong bullish signals, a Hold rating is recommended. This approach allows investors to reassess the market in light of potential oversold conditions, while remaining cautious of the prevailing downtrend.