Trio Petroleum Corp.’s recently made public that its Director Randall John W. unloaded Company’s shares for reported $7998.0 on Feb 09 ’24. In the deal valued at $0.13 per share,60,000 shares were sold. As a result of this transaction, Randall John W. now holds 100,000 shares worth roughly $33000.0.
Then, Ingriselli Frank C sold 137,296 shares, generating $33,775 in total proceeds. Upon selling the shares at $0.25, the Director now owns 100,000 shares.
Before that, Ingriselli Frank C sold 512,704 shares. Trio Petroleum Corp. shares valued at $87,087 were divested by the Director at a price of $0.17 per share. As a result of the transaction, Ingriselli Frank C now holds 0 shares, worth roughly $0.0.
Price Performance Review of TPET
On Monday, Trio Petroleum Corp. [AMEX:TPET] saw its stock fall -9.48% to $0.33. Over the last five days, the stock has lost -11.61%. Trio Petroleum Corp. shares have risen nearly 7.55% since the year began. Nevertheless, the stocks have fallen -83.98% over the past one year. While a 52-week high of $2.43 was reached on 04/15/24, a 52-week low of $0.08 was recorded on 03/27/24. SMA at 50 days reached $0.1890, while 200 days put it at $0.3941. A total of 6.46 million shares were traded, compared to the trading of 41.57 million shares in the previous session.
Levels Of Support And Resistance For TPET Stock
The 24-hour chart illustrates a support level at 0.3075, which if violated will result in even more drops to 0.2818. On the upside, there is a resistance level at 0.3565. A further resistance level may holdings at 0.3798. The Relative Strength Index (RSI) on the 14-day chart is 53.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0231, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.60%. Stochastics %K at 39.41% indicates the stock is a holding.
