NEON
Neonode Inc. Technology - Electronic Components Investor Relations →
Neonode Inc. (NEON) closed at $1.82 as of 2026-02-02, trading 70.2% below its 200-week moving average of $6.10. This places NEON in the extreme value zone. The stock moved further from the line this week, up from -70.4% last week. With a 14-week RSI of 22, NEON is in oversold territory.
Over the past 1886 weeks of data, NEON has crossed below its 200-week moving average 26 times. On average, these episodes lasted 47 weeks. Historically, investors who bought NEON at the start of these episodes saw an average one-year return of +2.0%.
With a market cap of $31 million, NEON is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 38.7%, indicating strong profitability. The stock trades at 1.1x book value.
Share count has increased 23.6% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in NEON would have grown to $0, compared to $2849 for the S&P 500. NEON has returned -23.8% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: NEON vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NEON Crosses Below the Line?
Across 23 historical episodes, buying NEON when it crossed below its 200-week moving average produced an average return of -9.8% after 12 months (median -23.0%), compared to +13.2% for the S&P 500 over the same periods. 38% of those episodes were profitable after one year. After 24 months, the average return was -2.7% vs +33.4% for the index.
Each line shows $100 invested at the moment NEON crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NEON has crossed below its 200-week MA 26 times with an average 1-year return of +2.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1989 | Jun 1990 | 26 | 37.6% | N/A | -100.0% |
| Jul 1990 | Dec 1990 | 22 | 32.2% | +46.7% | -100.0% |
| Jan 1991 | Jan 1991 | 2 | 9.4% | +135.3% | -100.0% |
| Sep 1991 | Nov 1991 | 10 | 11.4% | +128.6% | -100.0% |
| Jan 1994 | Feb 1994 | 5 | 6.3% | +1.5% | -100.0% |
| Apr 1994 | Nov 1994 | 31 | 34.7% | +67.6% | -100.0% |
| Dec 1994 | Jan 1995 | 8 | 12.8% | +51.4% | -100.0% |
| Feb 1995 | Feb 1995 | 1 | 0.6% | N/A | -100.0% |
| Feb 1996 | May 1996 | 13 | 40.2% | -32.4% | -100.0% |
| Jun 1996 | Aug 1997 | 61 | 63.4% | -25.0% | -100.0% |
| Jan 1998 | Nov 1998 | 44 | 67.1% | -22.1% | -100.0% |
| Nov 1998 | Jan 2000 | 58 | 50.0% | -14.6% | -100.0% |
| Oct 2000 | Oct 2003 | 156 | 92.8% | -88.5% | -100.0% |
| May 2004 | May 2004 | 1 | 3.6% | -19.4% | -100.0% |
| Jun 2004 | Jun 2004 | 1 | 3.2% | -14.8% | -100.0% |
| Apr 2005 | May 2005 | 3 | 11.4% | -57.4% | -99.9% |
| May 2005 | Jun 2005 | 5 | 17.9% | -55.9% | -99.9% |
| Aug 2005 | Sep 2005 | 3 | 12.9% | -82.8% | -99.9% |
| Oct 2005 | Jan 2012 | 325 | 99.6% | -84.7% | -99.9% |
| May 2014 | Jun 2020 | 318 | 90.3% | +8.1% | -95.1% |
| Aug 2021 | Aug 2021 | 1 | 4.5% | -17.4% | -61.4% |
| Jan 2022 | Mar 2022 | 6 | 21.2% | +77.1% | -63.2% |
| Apr 2022 | May 2022 | 5 | 15.4% | +33.7% | -64.1% |
| Jun 2022 | Dec 2022 | 24 | 34.3% | +59.7% | -64.0% |
| Jul 2023 | Aug 2024 | 59 | 81.5% | -43.9% | -56.4% |
| Sep 2025 | Ongoing | 23+ | 70.6% | Ongoing | -64.4% |
| Average | 47 | — | +2.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02