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The Potential Rise in the Price of Wyndham Hotels & Resorts Inc (WH) following insiders activity

Wyndham Hotels & Resorts Inc’s recently made public that its Chief Human Resource Officer Melancon Monica unloaded Company’s shares for reported $0.39 million on Sep 06 ’24. In the deal valued at $77.66 per share,5,040 shares were sold. As a result of this transaction, Melancon Monica now holds 10,606 shares worth roughly $0.88 million.

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Then, Melancon Monica bought 5,040 shares, generating $391,145 in total proceeds.

Before that, Rossi Nicola sold 7,297 shares. Wyndham Hotels & Resorts Inc shares valued at $559,680 were divested by the Chief Accounting Officer at a price of $76.70 per share. As a result of the transaction, Rossi Nicola now holds 4,107 shares, worth roughly $0.34 million.

Goldman initiated its Wyndham Hotels & Resorts Inc [WH] rating to a Buy in a research note published on September 18, 2024; the price target was $96. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. HSBC Securities began covering WH with “Buy” recommendation on October 23, 2023. Deutsche Bank started covering the stock on April 05, 2023. It rated WH as “a Buy”.

Price Performance Review of WH

On Monday, Wyndham Hotels & Resorts Inc [NYSE:WH] saw its stock fall -0.04% to $82.69. Over the last five days, the stock has gained 1.68%. Wyndham Hotels & Resorts Inc shares have risen nearly 2.84% since the year began. Nevertheless, the stocks have risen 12.58% over the past one year. While a 52-week high of $83.14 was reached on 10/18/24, a 52-week low of $67.67 was recorded on 05/29/24. SMA at 50 days reached $78.21, while 200 days put it at $75.74.

Levels Of Support And Resistance For WH Stock

The 24-hour chart illustrates a support level at 82.09, which if violated will result in even more drops to 81.50. On the upside, there is a resistance level at 83.06. A further resistance level may holdings at 83.44. The Relative Strength Index (RSI) on the 14-day chart is 64.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.44, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.03%. Stochastics %K at 95.19% indicates the stock is a selling.

How much short interest is there in Wyndham Hotels & Resorts Inc?

A steep rise in short interest was recorded in Wyndham Hotels & Resorts Inc stocks on 2024-09-30, growing by 0.18 million shares to a total of 3.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 3.2 million shares. There was a rise of 5.37%, which implies that there is a positive sentiment for the stock.

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