Nexalin Technology Inc’s filing revealed 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 $0.33 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 $0.32 million.
Price Performance Review of NXL
On Monday, Nexalin Technology Inc [NASDAQ:NXL] saw its stock fall -3.93% to $2.20. Over the last five days, the stock has gained 48.65%. Nexalin Technology Inc shares have risen nearly 443.48% since the year began. Nevertheless, the stocks have risen 671.93% 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 $0.94, while 200 days put it at $1.02.
Levels Of Support And Resistance For NXL Stock
The 24-hour chart illustrates a support level at 2.06, which if violated will result in even more drops to 1.93. On the upside, there is a resistance level at 2.34. A further resistance level may holdings at 2.49. The Relative Strength Index (RSI) on the 14-day chart is 72.80, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.31%. Stochastics %K at 74.15% 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 2024-10-15, growing by 56028.0 shares to a total of 93398.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 37370.0 shares. There was a rise of 59.99%, which implies that there is a positive sentiment for the stock.
