Neonode (NEON, $8.25) Moving Average Convergence Divergence (MACD) Histogram turned negative on January 27, 2025

#ElectronicComponents, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MicroCap
NEON - Neonode
MACD signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $8.25
Daily change: -$0.41 (-4.73%)
Daily volume: 96.6K
Capitalization: $138.5M
Industry: Electronic Components

This is a Bearish indicator signaling NEON's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 45 similar cases where NEON's MACD histogram became negative, and 40 of them led to successful outcomes. Odds of Success: 89%.