Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Welltower Inc. shares valued at $187,038 were sold by BACON KENNETH J on Jun 04 ’24. At $103.91 per share, BACON KENNETH J sold 1,800 shares. The insider’s holdings dropped to 14,579 shares worth approximately $1.88 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As published in their initiating research note from Exane BNP Paribas on March 18, 2024, Welltower Inc. [WELL] has been an Outperform and the price target has been revised to $104. Analysts at Deutsche Bank started covering the stock with ‘”a Buy”‘ outlook in a report released in late January. As of December 18, 2023, JP Morgan has increased its “Neutral” rating to a “an Overweight” for WELL. Earlier on November 28, 2023, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for WELL stock which previously was a “an Outperform”.
Analyzing WELL Stock Performance
During the last five days, there has been a surge of approximately 3.36%. Over the course of the year, Welltower Inc. shares have jumped approximately 42.69%. Shares of the company reached a 52-week high of $129.11 on 09/10/24 and a 52-week low of $85.40 on 02/13/24. A 50-day SMA is recorded $114.06, while a 200-day SMA reached $98.72. Nevertheless, trading volume fell to 3.99 million shares from 2.51 million shares the previous day.
Support And Resistance Levels for Welltower Inc. (WELL)
According to the 24-hour chart, there is a support level at 127.31, which, if violated, would cause prices to drop to 125.95. In the upper region, resistance lies at 129.40. The next price resistance is at 130.13. RSI (Relative Strength Index) is 82.34 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.54, which suggests the price will increase in the coming days. Percent R is at 3.57%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
