Neonode's 15-minute chart shows Bollinger Bands expanding downward, KDJ death cross signal.

Based on the 15-minute chart of Neonode, the Bollinger Bands are expanding downward, and a KDJ Death Cross occurred on August 28, 2023, at 11:00. This indicates that the market trend is being driven by sellers, and there is a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

Neonode's stock experienced a significant drop of 14.64% in pre-market trading on August 27, 2025, following a 25% revenue decline in the second quarter [1]. This decline in revenue has raised concerns among investors about the company's financial health and future prospects. The stock's downward trend is further compounded by increased competition from rivals such as Methode Electronics, which has put additional pressure on Neonode's market position and financial performance [1].

The 15-minute chart of Neonode indicates that the Bollinger Bands are expanding downward, and a KDJ Death Cross occurred on August 28, 2023, at 11:00. This technical indicator suggests that the market trend is being driven by sellers, indicating a shift in momentum towards the downside. This could potentially lead to further decreases in the stock price [2].

Neonode's stock price decline reflects a broader trend of investor concern over the company's financial health and future prospects. The combination of revenue decline and increased competition has led to a loss of confidence among investors, resulting in the stock's significant drop.

References:
[1] https://www.ainvest.com/news/neonode-stock-plunges-14-64-25-revenue-drop-2508/
[2] (Provided writing topic)