Neonode's 15-minute chart triggers KDJ Golden Cross, Bullish Marubozu pattern

Based on Neonode's 15-minute chart analysis, a significant technical indicator has been triggered, namely the KDJ Golden Cross, which is accompanied by a Bullish Marubozu at 08/15/2025 09:45. This suggests a shift in momentum towards a positive trend, with the potential for further upward movement. The dominance of buyers in the market indicates a bullish outlook, and it is likely that this momentum will continue.

Neonode Inc. (NASDAQ: NEON) has exhibited a significant technical indicator on its 15-minute chart, with the KDJ Golden Cross accompanied by a Bullish Marubozu pattern observed on August 15, 2025, at 09:45. This development suggests a shift in momentum towards a positive trend, with the potential for further upward movement.

The KDJ Golden Cross, a technical indicator, signals a potential reversal in the stock's downward trend. When the KDJ line crosses above the J line, it indicates a bullish signal, suggesting that the stock price is likely to move upward. The Bullish Marubozu pattern, characterized by a long body with no shadows, further supports this upward momentum, as it indicates strong buying pressure [1].

Despite the recent bullish indicators, Neonode faces near-term earnings pressure. The company reported a 25.2% year-over-year decline in Q2 2025 revenue to $0.6 million, falling short of analysts' expectations [2]. However, the company remains optimistic about its long-term growth potential, focusing on expanding opportunities through its MultiSensing® and zForce® technology platforms.

For investors, the current market conditions present both risks and opportunities. High-beta investors should consider the following scenarios:
1. Oversold Rebound: If the RSI dips below 30 and the stock finds support at $65.83, this could signal a short-term buying opportunity.
2. Earnings Catalyst: Neonode's Q1 2026 earnings report on August 7, 2026, could be a pivotal event. A beat on revenue or EPS could spark a rally.
3. Analyst Upgrades: Recent price targets reflect confidence in the company's long-term potential. A sustained move above $75.21 could validate the consensus.

In conclusion, Neonode's 15-minute chart exhibits bullish momentum, suggesting a potential for further growth. However, near-term earnings pressure and cyclical downturns in the semiconductor industry pose challenges. For disciplined investors, a strategic entry point could be a pullback to $65–$66, where the RSI and support levels align with a potential rebound. Position sizing is crucial, with a stop-loss at $62 to balance exposure with risk management.

References
[1] https://www.ainvest.com/news/microchip-technology-pref-adr-15min-chart-sees-bollinger-bands-expanding-downward-2508/
[2] https://www.stocktitan.net/news/NEON/