Stronghold Digital Mining Inc’s recently made public that its Chief Financial Officer Smith Matthew J. unloaded Company’s shares for reported $434.0 on May 03 ’24. In the deal valued at $3.29 per share,132 shares were sold. As a result of this transaction, Smith Matthew J. now holds 174,207 shares worth roughly $0.52 million.
Then, Shaffer Richard J. sold 43 shares, generating $134 in total proceeds. Upon selling the shares at $3.12, the Senior Vice President now owns 27,125 shares.
Before that, Smith Matthew J. sold 107 shares. Stronghold Digital Mining Inc shares valued at $391 were divested by the Chief Financial Officer at a price of $3.65 per share. As a result of the transaction, Smith Matthew J. now holds 174,339 shares, worth roughly $0.52 million.
Cowen downgraded its Stronghold Digital Mining Inc [SDIG] rating to a Market perform from a an Outperform in a research note published on August 18, 2022; the price target was decreased to $2.25 from $11.
Price Performance Review of SDIG
On Tuesday, Stronghold Digital Mining Inc [NASDAQ:SDIG] saw its stock fall -5.73% to $2.96. Over the last five days, the stock has lost -5.43%. Stronghold Digital Mining Inc shares have fallen nearly -59.45% since the year began. Nevertheless, the stocks have fallen -69.32% over the past one year. While a 52-week high of $11.56 was reached on 01/02/24, a 52-week low of $1.65 was recorded on 04/16/24. SMA at 50 days reached $3.74, while 200 days put it at $5.01. A total of 0.32 million shares were traded, compared to the trading of 0.27 million shares in the previous session.
Levels Of Support And Resistance For SDIG Stock
The 24-hour chart illustrates a support level at 2.85, which if violated will result in even more drops to 2.74. On the upside, there is a resistance level at 3.10. A further resistance level may holdings at 3.24. The Relative Strength Index (RSI) on the 14-day chart is 42.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.67%. Stochastics %K at 47.71% indicates the stock is a holding.
