In a filing, Richtech Robotics Inc revealed its 10% Owner King Bliss Ltd unloaded Company’s shares for reported $0.76 million on Aug 08 ’24. In the deal valued at $0.34 per share,2,200,000 shares were sold. As a result of this transaction, King Bliss Ltd now holds 1,734,846 shares worth roughly $1.41 million.
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Price Performance Review of RR
On Friday, Richtech Robotics Inc [NASDAQ:RR] saw its stock jump 9.26% to $0.81. Over the last five days, the stock has gained 8.89%. Richtech Robotics Inc shares have fallen nearly -86.46% since the year began. Nevertheless, the stocks have fallen -84.17% over the past one year. While a 52-week high of $12.29 was reached on 01/24/24, a 52-week low of $0.30 was recorded on 08/06/24. SMA at 50 days reached $0.6727, while 200 days put it at $1.1232.
Levels Of Support And Resistance For RR Stock
The 24-hour chart illustrates a support level at 0.7597, which if violated will result in even more drops to 0.7137. On the upside, there is a resistance level at 0.8438. A further resistance level may holdings at 0.8819. The Relative Strength Index (RSI) on the 14-day chart is 61.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1260, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.14%. Stochastics %K at 81.37% indicates the stock is a selling.
How much short interest is there in Richtech Robotics Inc?
A steep rise in short interest was recorded in Richtech Robotics Inc stocks on 2024-11-15, dropping by -1.22 million shares to a total of 2.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.86 million shares. There was a decline of -46.22%, which implies that there is a negative sentiment for the stock.
