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NEON forms 20 Day Moving Average Support on August 17
On Monday, August 17th, NEON moved down 2.4% while volume shrunk to 0.5× the usual levels. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 0.85, 0.82 & 0.77, with resistance at 0.94, 0.98 & 1.02.
Current SwingTradeBot Technical Rating of NEON: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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