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The Potential Rise in the Price of KULR Technology Group Inc (KULR) following insiders activity

In a filing, KULR Technology Group Inc revealed its President and COO Cochran Terry Keith unloaded Company’s shares for reported $47197.0 on Jun 04 ’24. In the deal valued at $0.31 per share,150,167 shares were sold. As a result of this transaction, Cochran Terry Keith now holds 349,833 shares worth roughly $0.1 million.

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Then, Cochran Terry Keith sold 119,754 shares, generating $37,124 in total proceeds. Upon selling the shares at $0.31, the President and COO now owns 230,079 shares.

Before that, Cochran Terry Keith sold 108,079 shares. KULR Technology Group Inc shares valued at $31,440 were divested by the President and COO at a price of $0.29 per share. As a result of the transaction, Cochran Terry Keith now holds 0 shares, worth roughly $0.0.

Alliance Global Partners initiated its KULR Technology Group Inc [KULR] rating to a Buy in a research note published on October 18, 2021; the price target was $3.50.

Price Performance Review of KULR

On Monday, KULR Technology Group Inc [AMEX:KULR] saw its stock jump 8.43% to $0.30. Over the last five days, the stock has gained 3.50%. KULR Technology Group Inc shares have risen nearly 64.70% since the year began. Nevertheless, the stocks have fallen -11.68% over the past one year. While a 52-week high of $0.90 was reached on 04/11/24, a 52-week low of $0.10 was recorded on 02/09/24. SMA at 50 days reached $0.2783, while 200 days put it at $0.3082.

Levels Of Support And Resistance For KULR Stock

The 24-hour chart illustrates a support level at 0.2867, which if violated will result in even more drops to 0.2686. On the upside, there is a resistance level at 0.3176. A further resistance level may holdings at 0.3304. The Relative Strength Index (RSI) on the 14-day chart is 54.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0104, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.09%. Stochastics %K at 26.45% indicates the stock is a holding.

How much short interest is there in KULR Technology Group Inc?

A steep rise in short interest was recorded in KULR Technology Group Inc stocks on 2024-10-15, growing by 2.16 million shares to a total of 7.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.07 million shares. There was a rise of 29.86%, which implies that there is a positive sentiment for the stock.

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