Lumida
/NEON
⌘K
Neonode Inc

Neonode Inc

NEON
$0.86USD+0.12%+0.00 today

MARKET CAP

14.4M

P/E (TTM)

FWD P/E

DAY RANGE

$1 – $1

52W RANGE

$1
$30

AI Summary

Stalk
Sell NowHigh

NEON remains in a Stage 4 decline with persistent lower highs and lower lows under declining EMAs. The active Lower Highs & Lower Lows pattern signals supply dominance, and price trades below the 9, 20, 50, and 200 EMAs with rallies into near-term EMAs consistently rejected. Despite extreme oversold conditions, there are no signs of a repair or stabilization phase. Execution should focus on selling into relief rallies into the declining 9 and 20 EMAs. The primary risk is a sustained reclaim and acceptance above these EMAs, which would invalidate the bearish bias.

  • Exclusive shift to licensing cuts product losses and targets higher margins
  • Secured key driver monitoring software license, fueling OEM pipeline
  • Product revenue fell 38% to $0.6M, straining top-line
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