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Monitoring LegalZoom.com Inc. (LZ) after recent insider movements

LegalZoom.com Inc.’s recently made public that its Chief Operating Officer Preece Richard unloaded Company’s shares for reported $0.12 million on Mar 15 ’24. In the deal valued at $13.17 per share,9,462 shares were sold. As a result of this transaction, Preece Richard now holds 498,519 shares worth roughly $5.85 million.

Then, Murphy John Francis sold 10,000 shares, generating $124,740 in total proceeds. Upon selling the shares at $12.47, the Director now owns 40,507 shares.

Before that, Miller Nicole sold 24,557 shares. LegalZoom.com Inc. shares valued at $239,431 were divested by the EVP and General Counsel at a price of $9.75 per share. As a result of the transaction, Miller Nicole now holds 208,641 shares, worth roughly $2.45 million.

Price Performance Review of LZ

On Friday, LegalZoom.com Inc. [NASDAQ:LZ] saw its stock fall -0.68% to $11.73. Over the last five days, the stock has lost -7.57%. LegalZoom.com Inc. shares have risen nearly 3.81% since the year began. Nevertheless, the stocks have risen 18.72% over the past one year. While a 52-week high of $15.68 was reached on 03/13/24, a 52-week low of $6.89 was recorded on 02/21/24. SMA at 50 days reached $12.34, while 200 days put it at $11.64. A total of 1.02 million shares were traded, compared to the trading of 1.02 million shares in the previous session.

Levels Of Support And Resistance For LZ Stock

The 24-hour chart illustrates a support level at 11.58, which if violated will result in even more drops to 11.43. On the upside, there is a resistance level at 11.93. A further resistance level may holdings at 12.13. The Relative Strength Index (RSI) on the 14-day chart is 32.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.81%. Stochastics %K at 4.22% indicates the stock is a buying.

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