Atomera Inc’s recent filing unveils that its Chief Technology Officer Mears Robert J unloaded Company’s shares for reported $22498.0 on Mar 04 ’24. In the deal valued at $6.83 per share,3,294 shares were sold. As a result of this transaction, Mears Robert J now holds 138,730 shares worth roughly $0.62 million.
Then, BIBAUD SCOTT A. sold 8,027 shares, generating $49,767 in total proceeds. Upon selling the shares at $6.20, the CEO and President now owns 346,810 shares.
Before that, Laurencio Francis sold 2,790 shares. Atomera Inc shares valued at $17,298 were divested by the CFO at a price of $6.20 per share. As a result of the transaction, Laurencio Francis now holds 100,818 shares, worth roughly $0.45 million.
Craig Hallum initiated its Atomera Inc [ATOM] rating to a Buy in a research note published on June 09, 2021; the price target was $28. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Loop Capital began covering ATOM with “Buy” recommendation on June 22, 2018.
Price Performance Review of ATOM
On Friday, Atomera Inc [NASDAQ:ATOM] saw its stock fall -17.13% to $4.45. Over the last five days, the stock has lost -21.93%. Atomera Inc shares have fallen nearly -36.52% since the year began. Nevertheless, the stocks have fallen -14.75% over the past one year. While a 52-week high of $10.72 was reached on 02/12/24, a 52-week low of $4.96 was recorded on 04/26/24. SMA at 50 days reached $6.18, while 200 days put it at $6.72. A total of 1.14 million shares were traded, compared to the trading of 99900.0 shares in the previous session.
Levels Of Support And Resistance For ATOM Stock
The 24-hour chart illustrates a support level at 3.71, which if violated will result in even more drops to 2.97. On the upside, there is a resistance level at 5.16. A further resistance level may holdings at 5.86. The Relative Strength Index (RSI) on the 14-day chart is 28.57, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.25%. Stochastics %K at 18.57% indicates the stock is a buying.
