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Examining the Potential Price Growth of Atomera Inc (ATOM)

In a filing, Atomera Inc revealed its Director LE DUY LOAN T acquired Company’s shares for reported $22989.0 on Apr 29 ’24. In the deal valued at $4.60 per share,5,000 shares were bought. As a result of this transaction, LE DUY LOAN T now holds 83,958 shares worth roughly $0.36 million.

Then, SHEVICK STEVEN K bought 2,200 shares, generating $10,252 in total proceeds. Upon buying the shares at $4.66, the Director now owns 2,200 shares.

Before that, Ramnath Suja bought 2,230 shares. Atomera Inc shares valued at $10,213 were divested by the Director at a price of $4.58 per share. As a result of the transaction, Ramnath Suja now holds 36,238 shares, worth roughly $0.15 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 Tuesday, Atomera Inc [NASDAQ:ATOM] saw its stock fall -0.24% to $4.24. Over the last five days, the stock has lost -8.62%. Atomera Inc shares have fallen nearly -39.51% since the year began. Nevertheless, the stocks have fallen -56.29% over the past one year. While a 52-week high of $10.45 was reached on 02/12/24, a 52-week low of $3.68 was recorded on 04/26/24. SMA at 50 days reached $5.88, while 200 days put it at $6.57. A total of 0.26 million shares were traded, compared to the trading of 0.21 million shares in the previous session.

Levels Of Support And Resistance For ATOM Stock

The 24-hour chart illustrates a support level at 4.11, which if violated will result in even more drops to 3.97. On the upside, there is a resistance level at 4.33. A further resistance level may holdings at 4.41. The Relative Strength Index (RSI) on the 14-day chart is 31.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.33%. Stochastics %K at 26.68% indicates the stock is a holding.

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