NEONODE INC (NEON) Technical Analysis
NASDAQ:NEON • US64051M7092
Current stock price
NEON Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NEON. NEON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than NEON.
- NEON is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 84% are performing better than NEON.
- NEON is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NEON is lagging the market.
- In the last month NEON has a been trading in the 1.27 - 1.69 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
NEON Weekly and Daily overview Charts
NEON Setup Rating and Analysis
NEON has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NEON Support and Resistance Analysis
1.37
When analyzing the resistance we notice 3 important areas.
- Resistance @1.44 from a horizontal line in the daily time frame.
- Resistance @1.63 from a trend line in the daily time frame.
- A resistance zone ranging from 1.78 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NEON Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NEON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEON is down. |
| ChartMill Relative Strength | 4.25 | NEGATIVE | NEON has a low relative strength, it was outperformed by 95.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.36 | NEUTRAL | The RSI value for NEON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NEON has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NEON is a neutral value. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for NEON suggests high volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for NEON suggests a weak or negative trend. |
NEON Chart- and CandleStick Pattern Analysis
NEON Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NEON (4/7/2026, 2:12:02 PM)
1.38
-0.02 (-1.43%)
NEONODE INC / NEON TA FAQ
What is the ChartMill technical rating of NEONODE INC (NEON) stock?
ChartMill assigns a technical rating of 0 / 10 to NEON.
What is the current trend direction of NEONODE INC (NEON) stock?
The current trend direction for NEONODE INC (NEON) is Bearish.
What is the RSI signal for NEONODE INC (NEON) stock?
NEONODE INC (NEON) has an RSI value of 40.3607. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEONODE INC?
The short term momentum for NEONODE INC (NEON) is negative.
Can you provide the support and resistance levels for NEONODE INC?
NEONODE INC (NEON) has a resistance level at 1.44. Check the full technical report for our detailed analysis of NEON support and resistance levels.