NEO is currently trading at $2.79, reflecting a slight decline of 0.58% over the last 24 hours. The daily trading range has been narrow, with a high of $2.85 and a low of $2.77, indicating low volatility in the market.

Trading volume stands at 6,576,143, which represents a volume-to-market cap ratio of 3.35%. This suggests a moderate level of trading activity relative to its market capitalization, which could indicate a lack of strong buying or selling pressure at this time.

The hourly moving averages show a consistent downtrend, with the 8, 13, and 21 SMA all slightly negative, while the 55 and 144 SMAs exhibit greater declines. This trend may suggest continued bearish sentiment in the short term, as the price remains below these key moving averages.

The 1-hour RSI is at 48, indicating a neutral stance, while the 7-day RSI at 53 suggests that NEO is slightly above the oversold territory but not yet in overbought conditions. The recent 7-day price change of approximately 7.75% shows some recovery, but the 14-day and 30-day price changes of -13.00% and -25.01% respectively indicate a longer-term downtrend.

Given the overall technical indicators and the price action, NEO is not exhibiting strong bullish momentum, and the continued declines in the moving averages support a bearish outlook. The lack of strong buying pressure and the relatively neutral RSI suggest that investors should be cautious.

Based on the current analysis, a Hold rating is recommended. This allows investors to monitor for potential reversal signals while avoiding unnecessary exposure in a market still showing signs of weakness.