NEO is currently trading at $3.66, reflecting a slight decrease of 0.66% over the past 24 hours. The price has experienced a daily range of $0.11, with a high of $3.74 and a low of $3.63, indicating limited volatility in the recent trading session.

The trading volume stands at approximately 7.41 million, representing 2.88% of its market cap. The current short-term moving averages suggest a bearish trend, with the 8 SMA at $3.65 showing a slight uptick, while the longer-term averages such as the 144 SMA at $3.73 indicate a more significant downward momentum.

The 1-hour RSI is at 31, signaling that NEO is nearing oversold conditions, while the 7-day RSI at 44 suggests the asset is still within a neutral range but approaching oversold levels. The 7-day price change of -9.65% and a 14-day change of -7.23% demonstrate a consistent downtrend in the short to mid-term, although the 30-day change shows a slight recovery of 0.51%.

From a fundamental perspective, NEO has a historical all-time high of $198.38, reached in January 2018, which creates a stark contrast with its current valuation, indicating substantial room for growth potential. However, the persistent downward price action and lack of significant bullish momentum over the past weeks raise concerns about immediate recovery.

Considering the current technical indicators, including the RSI readings and moving averages, the outlook for NEO suggests a cautious approach. Given the lack of positive momentum and the prevailing downward trend, I recommend a Hold rating, as entering a position now could be premature until clearer bullish signals emerge.