Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CIMG Inc shares valued at $400,000 were purchased by DYT INFO PTE. LTD. on Oct 14 ’24. At $0.57 per share, DYT INFO PTE. LTD. acquired 701,754 shares. The insider’s holdings grew to 1,496,159 shares worth approximately $1.48 million following the completion of this transaction.
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Also, Zhang Xiang sold 139,357 shares, netting a total of over 176,983 in proceeds. Following the sale of shares at $1.27 each, the insider now holds 0 shares.
Before that, Liu Yumei had sold 83,615 shares from its account. In a trade valued at $165,558, the 10% Owner traded CIMG Inc shares for $1.98 each. Upon closing the transaction, the insider’s holdings decreased to 83,615 shares, worth approximately $0.54 million.
Analyzing IMG Stock Performance
During the last five days, there has been a drop of approximately -7.48%. Over the course of the year, CIMG Inc shares have dropped approximately -61.02%. Shares of the company reached a 52-week high of $8.0000 on 07/31/24 and a 52-week low of $0.2500 on 10/16/24. A 50-day SMA is recorded $0.9265, while a 200-day SMA reached $1.5895.
Support And Resistance Levels for CIMG Inc (IMG)
According to the 24-hour chart, there is a support level at 0.7707, which, if violated, would cause prices to drop to 0.5513. In the upper region, resistance lies at 1.0997. The next price resistance is at 1.2093. RSI (Relative Strength Index) is 51.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.2148, which suggests the price will decrease in the coming days. Percent R is at 77.23%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
