Mullen Automotive Inc’s recently made public that its President – Mullen Automotive POPA CALIN unloaded Company’s shares for reported $71991.0 on Jun 06 ’24. In the deal valued at $3.10 per share,23,223 shares were sold. As a result of this transaction, POPA CALIN now holds 286,506 shares worth roughly $0.57 million.
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Then, POPA CALIN sold 1,722 shares, generating $5,321 in total proceeds. Upon selling the shares at $3.09, the President – Mullen Automotive now owns 284,784 shares.
Price Performance Review of MULN
On Monday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock fall -12.39% to $1.98. Over the last five days, the stock has lost -21.74%. Mullen Automotive Inc shares have fallen nearly -99.86% since the year began. Nevertheless, the stocks have fallen -99.87% over the past one year. While a 52-week high of $1870.00 was reached on 01/09/24, a 52-week low of $1.60 was recorded on 11/08/24. SMA at 50 days reached $2.48, while 200 days put it at $222.00.
Levels Of Support And Resistance For MULN Stock
The 24-hour chart illustrates a support level at 1.82, which if violated will result in even more drops to 1.66. On the upside, there is a resistance level at 2.23. A further resistance level may holdings at 2.49. The Relative Strength Index (RSI) on the 14-day chart is 34.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.76%. Stochastics %K at 10.00% indicates the stock is a buying.
How much short interest is there in Mullen Automotive Inc?
A steep rise in short interest was recorded in Mullen Automotive Inc stocks on 2024-11-15, growing by 0.35 million shares to a total of 1.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.07 million shares. There was a rise of 24.63%, which implies that there is a positive sentiment for the stock.
