Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Resideo Technologies Inc shares valued at $152,943 were sold by Beskid Tina M on May 21 ’24. At $21.67 per share, Beskid Tina M sold 7,057 shares. The insider’s holdings dropped to 52,824 shares worth approximately $1.13 million following the completion of this transaction.
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Also, LAZAR JACK R sold 9,000 shares, netting a total of over 196,210 in proceeds. Following the sale of shares at $21.80 each, the insider now holds 91,168 shares.
Before that, Beskid Tina M had sold 3,310 shares from its account. In a trade valued at $71,026, the Chief Accounting Officer traded Resideo Technologies Inc shares for $21.46 each. Upon closing the transaction, the insider’s holdings decreased to 3,310 shares, worth approximately $1.39 million.
As of November 02, 2022, Imperial Capital has decreased its “an Outperform” rating to a “an In-line” for REZI. Earlier on March 17, 2021, Morgan Stanley initiated its rating. Their recommendation was “an Equal-weight” for REZI stock.
Analyzing REZI Stock Performance
During the last five days, there has been a surge of approximately 7.16%. Over the course of the year, Resideo Technologies Inc shares have jumped approximately 13.71%. Shares of the company reached a 52-week high of $23.43 on 07/31/24 and a 52-week low of $16.36 on 01/17/24. A 50-day SMA is recorded $19.41, while a 200-day SMA reached $20.10. Nevertheless, trading volume fell to 0.76 million shares from 0.71 million shares the previous day.
Support And Resistance Levels for Resideo Technologies Inc (REZI)
According to the 24-hour chart, there is a support level at 21.12, which, if violated, would cause prices to drop to 20.85. In the upper region, resistance lies at 21.61. The next price resistance is at 21.83. RSI (Relative Strength Index) is 68.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.91, which suggests the price will decrease in the coming days. Percent R is at 6.12%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
