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(NEON) Neonode Inc complete technical analysis [charts+indicators] | Buy/Sell Neonode Inc | (NEON) share price targets

Complete technical analysis of Neonode Inc (NEON) by charts plus indicators, forecast predictions and share price targets for Neonode Inc (NEON)

Neonode Inc trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-07-12 View latest technical analysis

10 day averaged volume of Neonode Inc is 29580

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2.34	2.26	2.37	2.26	0.227 times
11 Thu Jul 2024	2.26	2.37	2.42	2.26	0.453 times
10 Wed Jul 2024	2.41	2.45	2.57	2.41	0.913 times
09 Tue Jul 2024	2.45	2.39	2.47	2.39	0.338 times
08 Mon Jul 2024	2.38	2.25	2.45	2.25	2.705 times
05 Fri Jul 2024	2.23	2.23	2.27	2.16	0.673 times
03 Wed Jul 2024	2.22	2.18	2.33	2.17	0.723 times
03 Wed Jul 2024	2.22	2.18	2.33	2.17	0.723 times
02 Tue Jul 2024	2.16	2.06	2.18	2.06	0.571 times
01 Mon Jul 2024	2.05	2.06	2.15	2.02	0.544 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.3, but if it comes below 2.3, then a intra day sell could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.5 as target.

Share price targets for Neonode Inc (NEON)

Target Type	Value
Downside Target	1.23
Downside Target	1.37
Downside Target	1.50
Downside Target	1.90
Downside Target	1.94
Downside Target	2.00
Downside Target	2.16
Downside Target	2.25
Downside Target	2.33
Upside Target	2.40
Upside Target	2.57
Upside Target	3.15
Upside Target	3.59

Intraday share price targets for Neonode Inc (NEON)

Target Type	Value
Downside Intraday Target	2.2
Downside Intraday Target	2.07
Upside Intraday Target	2.52
Upside Intraday Target	2.71
Upside Intraday Target	2.39

Weekly technical analysis of Neonode Inc (NEON)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2.34	2.25	2.57	2.25	3.32 times
05 Fri Jul 2024	2.23	2.18	2.33	2.16	0.759 times
03 Wed Jul 2024	2.22	2.06	2.33	2.02	0.346 times
28 Fri Jun 2024	2.07	2.23	2.29	2.02	1.03 times
21 Fri Jun 2024	2.27	2.14	2.29	1.94	1.678 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Neonode Inc (NEON)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2.34	2.06	2.57	2.02	0.151 times
28 Fri Jun 2024	2.07	3.12	3.15	1.90	0.732 times
31 Fri May 2024	3.19	2.42	3.59	2.00	1.799 times
30 Tue Apr 2024	2.39	1.44	2.40	1.37	1.919 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Neonode Inc (NEON)

Price action analysis of Neonode Inc ( (NEON) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Neonode Inc ( (NEON) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Neonode Inc ( (NEON) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Neonode Inc ( (NEON) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Neonode Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Neonode Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Neonode Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Neonode Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Neonode Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.3 and Neonode Inc (NEON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Neonode Inc (NEON) stock. Volume based technical analysis of Neonode Inc (NEON) stock is negative.

Neonode Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.