Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. WiSA Technologies Inc shares valued at $10 were sold by MOYER BRETT on Dec 18 ’23. At $0.13 per share, MOYER BRETT sold 80 shares. The insider’s holdings dropped to 74,509 shares worth approximately $0.45 million following the completion of this transaction.
Also, WILLIAMS GARY sold 16 shares, netting a total of over 2 in proceeds. Following the sale of shares at $0.13 each, the insider now holds 48,931 shares.
Before that, MOYER BRETT had sold 6,159 shares from its account. In a trade valued at $770, the insider traded WiSA Technologies Inc shares for $0.12 each. Upon closing the transaction, the insider’s holdings decreased to 6,159 shares, worth approximately $0.45 million.
As published in their initiating research note from H.C. Wainwright on December 14, 2020, WiSA Technologies Inc [WISA] has been a Buy and the price target has been revised to $3.50.
Analyzing WISA Stock Performance
During the last five days, there has been a drop of approximately -34.59%. Over the course of the year, WiSA Technologies Inc shares have dropped approximately -65.50%. Shares of the company reached a 52-week high of $18.10 on 01/03/24 and a 52-week low of $1.66 on 04/15/24. A 50-day SMA is recorded $4.97, while a 200-day SMA reached $55.85. Nevertheless, trading volume fell to 8.11 million shares from 8.91 million shares the previous day.
Support And Resistance Levels for WiSA Technologies Inc (WISA)
According to the 24-hour chart, there is a support level at 5.25, which, if violated, would cause prices to drop to 4.46. In the upper region, resistance lies at 6.82. The next price resistance is at 7.60. RSI (Relative Strength Index) is 54.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.76, which suggests the price will decrease in the coming days. Percent R is at 52.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
