NEO is currently priced at $3.06, reflecting a slight decline of 1.30% over the past 24 hours. The daily trading range has been relatively tight, with a high of $3.16 and a low of $2.89, indicating limited volatility in the market.

Volume stands at approximately 25.3 million, equating to 11.71% of its market capitalization, which suggests a moderate level of trading activity. The short-term moving averages show a bearish trend, particularly the 55 SMA at $3.20, which is down 4.42%, indicating resistance at higher levels.

The 1-hour RSI is at 57, suggesting a neutral market position, while the 7-day RSI at 41 indicates that NEO is approaching oversold conditions. Over the past week, the price has dropped by 14.75%, and the 14-day change shows a more significant decline of 22.92%, signaling a bearish trend.

The technical indicators point towards continued downward pressure, especially with the 21 SMA at $3.05 showing slight bullish momentum. However, the longer-term trend remains negative, as the 144 SMA is positioned at $3.39, indicating significant resistance levels above current prices.

Given the current technical setup and the overall bearish momentum reflected in the longer-term price changes, a cautious approach is warranted. The market sentiment does not favor immediate upward movement, and therefore, a Hold rating is advisable as traders should wait for clearer bullish signals before making new positions.