The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Bridgeline Digital Inc shares valued at $2,600 were purchased by Kahn Roger E. on Sep 13 ’24. At $1.04 per share, Kahn Roger E. acquired 2,500 shares. The insider’s holdings grew to 997,808 shares worth approximately $1.49 million following the completion of this transaction.
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Also, TAGLICH MICHAEL N purchased 20,603 shares, netting a total of over 18,337 in proceeds. Following the buying of shares at $0.89 each, the insider now holds 82,831 shares.
Before that, Kahn Roger E. had added 60,000 shares to its account. In a trade valued at $51,000, the President and CEO bought Bridgeline Digital Inc shares for $0.85 each. Upon closing the transaction, the insider’s holdings increased to 60,000 shares, worth approximately $1.48 million.
Analyzing BLIN Stock Performance
During the last five days, there has been a surge of approximately 10.36%. Over the course of the year, Bridgeline Digital Inc shares have jumped approximately 71.26%. Shares of the company reached a 52-week high of $1.6000 on 12/18/24 and a 52-week low of $0.7500 on 02/15/24. A 50-day SMA is recorded $1.1796, while a 200-day SMA reached $1.1004. Nevertheless, trading volume fell to 0.53 million shares from 35754.0 shares the previous day.
Support And Resistance Levels for Bridgeline Digital Inc (BLIN)
According to the 24-hour chart, there is a support level at 1.3599, which, if violated, would cause prices to drop to 1.2299. In the upper region, resistance lies at 1.6100. The next price resistance is at 1.7301. RSI (Relative Strength Index) is 72.67 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0998, which suggests the price will decrease in the coming days. Percent R is at 23.15%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
