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KULR Technology Group Inc (KULR) may enjoy gains as insiders got busy in the recent days

KULR Technology Group Inc’s filing revealed that its 10% Owner Knowles Timothy Ray unloaded Company’s shares for reported $0.1 million on Mar 25 ’24. In the deal valued at $0.29 per share,361,338 shares were sold. As a result of this transaction, Knowles Timothy Ray now holds 14,268,027 shares worth roughly $6.71 million.

Then, Knowles Timothy Ray sold 460,037 shares, generating $101,208 in total proceeds. Upon selling the shares at $0.22, the 10% Owner now owns 14,629,365 shares.

Before that, Knowles Timothy Ray sold 510,598 shares. KULR Technology Group Inc shares valued at $117,438 were divested by the 10% Owner at a price of $0.23 per share. As a result of the transaction, Knowles Timothy Ray now holds 15,089,402 shares, worth roughly $7.09 million.

Alliance Global Partners initiated its KULR Technology Group Inc [KULR] rating to a Buy in a research note published on October 18, 2021; the price target was $3.50.

Price Performance Review of KULR

On Monday, KULR Technology Group Inc [AMEX:KULR] saw its stock jump 0.75% to $0.47. Over the last five days, the stock has gained 5.02%. KULR Technology Group Inc shares have risen nearly 153.41% since the year began. Nevertheless, the stocks have fallen -24.39% over the past one year. While a 52-week high of $1.10 was reached on 04/11/24, a 52-week low of $0.10 was recorded on 02/09/24. SMA at 50 days reached $0.3518, while 200 days put it at $0.4097. A total of 2.98 million shares were traded, compared to the trading of 7.09 million shares in the previous session.

Levels Of Support And Resistance For KULR Stock

The 24-hour chart illustrates a support level at 0.4529, which if violated will result in even more drops to 0.4369. On the upside, there is a resistance level at 0.4819. A further resistance level may holdings at 0.4949. The Relative Strength Index (RSI) on the 14-day chart is 49.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0804, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.13%. Stochastics %K at 17.59% indicates the stock is a buying.

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