Trio Petroleum Corp.’s recently made public that its Director PERNICE THOMAS J unloaded Company’s shares for reported $3302.0 on May 01 ’24. In the deal valued at $0.33 per share,10,000 shares were sold. As a result of this transaction, PERNICE THOMAS J now holds 230,000 shares worth roughly $92000.0.
Then, Randall John W. sold 60,000 shares, generating $7,998 in total proceeds. Upon selling the shares at $0.13, the Director now owns 100,000 shares.
Before that, Ingriselli Frank C sold 137,296 shares. Trio Petroleum Corp. shares valued at $33,775 were divested by the Director at a price of $0.25 per share. As a result of the transaction, Ingriselli Frank C now holds 100,000 shares, worth roughly $40000.0.
Price Performance Review of TPET
On Monday, Trio Petroleum Corp. [AMEX:TPET] saw its stock jump 5.61% to $0.40. Over the last five days, the stock has gained 18.51%. Trio Petroleum Corp. shares have risen nearly 27.46% since the year began. Nevertheless, the stocks have fallen -78.88% over the past one year. While a 52-week high of $2.35 was reached on 04/15/24, a 52-week low of $0.08 was recorded on 03/27/24. SMA at 50 days reached $0.2126, while 200 days put it at $0.3741. A total of 7.43 million shares were traded, compared to the trading of 4.07 million shares in the previous session.
Levels Of Support And Resistance For TPET Stock
The 24-hour chart illustrates a support level at 0.3723, which if violated will result in even more drops to 0.3497. On the upside, there is a resistance level at 0.4253. A further resistance level may holdings at 0.4557. The Relative Strength Index (RSI) on the 14-day chart is 58.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0138, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.51%. Stochastics %K at 35.12% indicates the stock is a holding.
