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Hammer Candlestick appears for NEON after 6.78% move

Neonode Inc. (NEON) — Daily Technical Analysis & Swing Trading Signals · Aug 21, 2026, 20:14 ET
NEON closed up 6.78% on Friday, August 21st, with volume running 0.5× below average. Mixed technical signals appeared with Hammer Candlestick and Crossed Above 20 DMA and Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 0.87, 0.82 & 0.8, with resistance at 0.94, 0.96 & 1.01.

Current SwingTradeBot Technical Rating of NEON: F

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Neonode Inc. (NEON)