Taking everything into account, NEO scores 0 out of 10 in our technical rating. NEO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NEO is a bad performer in the overall market: 96% of all stocks are doing better.
NEO is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 85% are performing better than NEO.
NEO is currently making a new 52 week low. This is a very bad signal. NEO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month NEO has a been trading in the 6.40 - 10.51 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NEO has an average volume of 1912880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.