NEONODE INC (NEON)
US64051M7092 - Common Stock
We assign a technical rating of 6 out of 10 to NEON. In the last year, NEON was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NEON has a been trading in the 6.75 - 8.91 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NEON is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry. NEON outperforms 94% of them.
When comparing the yearly performance of all stocks, we notice that NEON is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
NEON is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEON is lagging the market slightly.
NEON has an average technical rating and also the quality of the setup is 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
6.97
8.43
2 important support areas can be observed.
- A support zone ranging from 7.48 to 7.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.04 to 7.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.73 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.21 from a horizontal line in the weekly time frame.
- Resistance @8.35 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.95
Mansfield7.76
10 Day High8.29
10 Day Low6.75
20 Day High8.91
20 Day Low6.75
52 Week High15
52 Week Low1.23
Performance
1 Week-3.64%
2 Weeks-1.29%
1 Month9.57%
3 Month-33.01%
6 Month237.89%
12 Month229.19%
2 Year39.45%
3 Year-13.33%
5 Year295.36%
10 Year-77.31%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)51.91
LBB7.05
UBB8.2
NEONODE INC
NASDAQ:NEON (12/20/2024, 8:26:47 PM)
After market: 7.67 0 (0%)7.67
+0.57 (+8.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg8.03%
1 Week-3.64%
2 Weeks-1.29%
1 Month9.57%
3 Month-33.01%
6 Month237.89%
12 Month229.19%
2 Year39.45%
3 Year-13.33%
5 Year295.36%
10 Year-77.31%
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%8.08%
ATR Inc36.82%
Range Today0.79
ADR(20)0.62
ADR(20)%8.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.95
Mansfield7.76
10 Day High8.29
10 Day Low6.75
20 Day High8.91
20 Day Low6.75
52 Week High15
52 Week Low1.23
CS1 End7.66
CR1 Start7.73
Volume & EV
DER(3)-2.87%
DER(5)-4.53%
Volume119.20K
Volume Incr-19.97%
Vol(5)101.64K
Vol(50)152.73K