Oblong Inc’s recently made public that its Director ADELMAN JASON T unloaded Company’s shares for reported $9655.0 on Oct 24 ’23. In the deal valued at $0.18 per share,52,191 shares were sold. As a result of this transaction, ADELMAN JASON T now holds 0 shares worth roughly $0.0.
Then, Meredith Deborah Jean sold 7,373 shares, generating $10,504 in total proceeds. Upon selling the shares at $1.42, the Director now owns 0 shares.
Before that, Meredith Deborah Jean sold 3,671 shares. Oblong Inc shares valued at $5,530 were divested by the Director at a price of $1.51 per share. As a result of the transaction, Meredith Deborah Jean now holds 7,673 shares, worth roughly $997.49.
Price Performance Review of OBLG
On Monday, Oblong Inc [NASDAQ:OBLG] saw its stock fall -1.49% to $0.13. Over the last five days, the stock has lost -10.57%. Oblong Inc shares have fallen nearly -36.36% since the year began. Nevertheless, the stocks have fallen -91.87% over the past one year. While a 52-week high of $3.94 was reached on 03/20/24, a 52-week low of $0.11 was recorded on 03/18/24. SMA at 50 days reached $0.1540, while 200 days put it at $0.4266. A total of 0.55 million shares were traded, compared to the trading of 0.5 million shares in the previous session.
Levels Of Support And Resistance For OBLG Stock
The 24-hour chart illustrates a support level at 0.1210, which if violated will result in even more drops to 0.1160. On the upside, there is a resistance level at 0.1350. A further resistance level may holdings at 0.1440. The Relative Strength Index (RSI) on the 14-day chart is 40.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0066, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.79%. Stochastics %K at 17.00% indicates the stock is a buying.
