Cleanspark Inc’s recent filing unveils that its Chief Technology Officer Monnig Taylor unloaded Company’s shares for reported $14540.0 on Aug 30 ’24. In the deal valued at $10.77 per share,1,350 shares were sold. As a result of this transaction, Monnig Taylor now holds 211,002 shares worth roughly $ 1.86 million.
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Then, Monnig Taylor bought 1,350 shares, generating $14,539 in total proceeds.
Before that, Monnig Taylor sold 1,350 shares. Cleanspark Inc shares valued at $22,910 were divested by the Chief Technology Officer at a price of $16.97 per share. As a result of the transaction, Monnig Taylor now holds 212,352 shares, worth roughly $1.88 million.
JP Morgan downgraded its Cleanspark Inc [CLSK] rating to a Neutral from a an Overweight in a research note published on December 08, 2023; the price target was decreased to $8 from $9. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in late October with a ‘”an Outperform”‘ rating. JP Morgan began covering CLSK with “an Overweight” recommendation on October 11, 2023. Cantor Fitzgerald started covering the stock on December 09, 2022. It rated CLSK as “an Overweight”.
Price Performance Review of CLSK
On Monday, Cleanspark Inc [NASDAQ:CLSK] saw its stock jump 9.15% to $8.83. Over the last five days, the stock has lost -17.40%. Cleanspark Inc shares have fallen nearly -19.95% since the year began. Nevertheless, the stocks have risen 95.79% over the past one year. While a 52-week high of $24.72 was reached on 03/27/24, a 52-week low of $3.38 was recorded on 01/19/24. SMA at 50 days reached $13.78, while 200 days put it at $14.14.
Levels Of Support And Resistance For CLSK Stock
The 24-hour chart illustrates a support level at 8.42, which if violated will result in even more drops to 8.01. On the upside, there is a resistance level at 9.04. A further resistance level may holdings at 9.25. The Relative Strength Index (RSI) on the 14-day chart is 33.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.23%. Stochastics %K at 7.62% indicates the stock is a buying.
How much short interest is there in Cleanspark Inc?
A steep rise in short interest was recorded in Cleanspark Inc stocks on 2024-08-15, growing by 1.43 million shares to a total of 38.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 36.76 million shares. There was a rise of 3.74%, which implies that there is a positive sentiment for the stock.
