Nexalin Technology Inc’s recent filing unveils that its Chief Medical Officer Owens David acquired Company’s shares for reported $950.0 on Aug 13 ’24. In the deal valued at $0.95 per share,1,000 shares were bought. As a result of this transaction, Owens David now holds 147,793 shares worth roughly $0.15 million.
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Then, Owens David bought 1,000 shares, generating $1,750 in total proceeds. Upon buying the shares at $1.75, the Chief Medical Officer now owns 146,793 shares.
Before that, Owens David bought 1,619 shares. Nexalin Technology Inc shares valued at $1,149 were divested by the Chief Medical Officer at a price of $0.71 per share. As a result of the transaction, Owens David now holds 145,793 shares, worth roughly $0.14 million.
Price Performance Review of NXL
On Tuesday, Nexalin Technology Inc [NASDAQ:NXL] saw its stock jump 0.09% to $0.99. Over the last five days, the stock has gained 2.60%. Nexalin Technology Inc shares have risen nearly 143.33% since the year began. Nevertheless, the stocks have risen 60.74% over the past one year. While a 52-week high of $4.05 was reached on 06/26/24, a 52-week low of $0.25 was recorded on 02/13/24. SMA at 50 days reached $1.2836, while 200 days put it at $0.8792.
Levels Of Support And Resistance For NXL Stock
The 24-hour chart illustrates a support level at 0.9607, which if violated will result in even more drops to 0.9363. On the upside, there is a resistance level at 1.0287. A further resistance level may holdings at 1.0723. The Relative Strength Index (RSI) on the 14-day chart is 41.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0180, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.13%. Stochastics%K at 32.49% indicates the stock is a holding.
How much short interest is there in Nexalin Technology Inc?
A steep rise in short interest was recorded in Nexalin Technology Inc stocks on 2024-07-31, dropping by -1.15 million shares to a total of 24613.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 1.17 million shares. There was a decline of -4662.38%, which implies that there is a negative sentiment for the stock.
