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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Neonode Inc. (NASDAQ:NEON)

Sidelines Mode (+55) - NEON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NEON?

MarketClub looks at technical strength and momentum to determine if the timing is right for NEON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NEON
Open High Low NEON Price Change
7.9000 8.3082 7.9000 8.0650 +0.2050
Entry Signal

MarketClub’s Trade Triangles for NEON

long term up The long-term trend has been UP since May 1st, 2024 at 2.40

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 2.33

short term down The short-term trend has been DOWN since Oct 23rd, 2024 at 8.06

Smart Scan Analysis for NEON

Based on our trend formula, NEON is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NEON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.9000 8.3082 7.9000 8.0650 +0.2050
Prev. Close Volume Bid Ask Time
8.0500 130735 2024-10-25 15:59:54
Year High9.25Year High Date2018-01-05
Year Low1.31Year Low Date2018-11-15
52wk High1552wk High Date2024-09-18
52wk Low1.0252wk Low Date2023-10-31
Year End Close4.86Average Volume277,824
Shares Outstanding15,467Short Interest3,369,639
% Institutional20.7Market Cap21M
Assets15,194,000MLiabilities1,873,000M
Beta-1.30000000Volatility112.64
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