Neonode's 15-minute chart shows RSI Oversold and KDJ Golden Cross.

Neonode's 15-minute chart has triggered an RSI oversold reading and a KDJ golden cross at 16:00 on August 28, 2025. This indicates that the stock price has declined rapidly and fallen below its fundamental support level, suggesting a shift in momentum towards an upward trend and potential further increases in stock price.

Neonode Inc. (NASDAQ: NEON) has experienced a significant shift in its stock price momentum, as indicated by recent technical analysis signals. On August 28, 2025, at 16:00, the 15-minute chart of Neonode Inc. triggered an RSI (Relative Strength Index) oversold signal and a KDJ (Kumo Donchian) golden cross. These signals suggest that the stock price has declined rapidly, potentially falling below its fundamental support levels, and is now poised for an upward shift in momentum, potentially leading to further increases in the stock's value.

The RSI oversold signal indicates that the stock price has fallen to a level that is typically considered undervalued relative to its historical price movements. This signal is often used to identify potential reversal points in the market, suggesting that a correction or increase in the stock price may be imminent. The KDJ golden cross, on the other hand, is a technical indicator that combines the Kijun-sen and Tenkan-sen lines of the Ichimoku Cloud strategy. When these lines cross, it can indicate a change in the trend of the stock price, with the golden cross specifically suggesting a potential reversal to the upside.

Neonode Inc.'s recent earnings reports have shown mixed results, with the company reporting earnings that missed analyst estimates by $0.04 in the second quarter of 2025 [1]. Despite this, the company has shown resilience in its operations, as indicated by its inclusion in the Russell 2000 Index [2]. However, the recent technical signals suggest that investors should be cautious about the potential for a decline in the stock price in the near term.

Investors should continue to monitor Neonode Inc.'s financial performance and technical indicators to make informed investment decisions. The company's recent settlement with Samsung in a patent dispute [3] and its inclusion in the Russell 2000 Index [2] may provide some positive momentum for the stock price in the long term. However, the immediate technical signals suggest that investors should be prepared for potential upside risk.

References:
[1] https://www.investing.com/equities/neonode-inc
[2] https://www.investing.com/equities/neonode-inc
[3] https://www.investing.com/news/neonode-and-samsung-agree-to-settlement-in-patent-dispute