NEO is currently trading at $3.61, reflecting a 24-hour change of 2.11%, indicating a slight bullish sentiment in the short term. The price has been contained within a daily range of $3.53 to $3.66, suggesting low volatility and a cautious market.

Volume stands at 5,823,245, which, when compared to its market capitalization, represents a volume-to-market cap ratio of 2.29%. This relatively low ratio indicates that trading activity is subdued, and there may be a lack of strong conviction among traders.

Analyzing the moving averages reveals that the 8 SMA is at $3.63, showing a minor decline of 0.48%, while longer-term SMAs exhibit positive momentum, particularly the 55 SMA at $3.56, which is up by 1.50%. This divergence suggests potential upward pressure, especially if the price can maintain above the 55 SMA level.

The 1-hour RSI stands at 59, indicating that NEO is nearing overbought territory, while the 7-day RSI at 51 reflects a neutral stance. However, the 7-day price change of -0.74% and more significant declines over 14 days (-11.93%) and 30 days (-15.73%) indicate a longer-term bearish trend that could limit upward movement.

Given that NEO has significantly retraced from its all-time high of $198.38, the current price level is substantially low compared to historical values, which may attract long-term investors. However, the lack of strong bullish signals and the recent downtrend suggest that the market remains cautious.

Considering the current technical indicators, market sentiment, and price action, the recommendation for NEO is to Hold. This rating reflects the need for more confirmation of upward momentum before initiating new positions, as the prevailing bearish trend over the longer term may pose risks for short-term traders.