Reliance Global Group Inc’s filing revealed that its Chief Financial Officer Markovits Joel unloaded Company’s shares for reported $18976.0 on Jun 18 ’24. In the deal valued at $0.70 per share,27,000 shares were sold. As a result of this transaction, Markovits Joel now holds 184,338 shares worth roughly $0.57 million.
Then, Beyman Ezra bought 30,000 shares, generating $8,502 in total proceeds. Upon buying the shares at $0.28, the Chairman and CEO now owns 527,100 shares.
Before that, Beyman Yaakov sold 15,000 shares. Reliance Global Group Inc shares valued at $11,728 were divested by the Exec VP, Insurance Division at a price of $0.78 per share. As a result of the transaction, Beyman Yaakov now holds 43,783 shares, worth roughly $0.14 million.
Price Performance Review of RELI
On Monday, Reliance Global Group Inc [NASDAQ:RELI] saw its stock jump 159.17% to $3.11. Over the last five days, the stock has gained 134.47%. Reliance Global Group Inc shares have fallen nearly -65.93% since the year began. Nevertheless, the stocks have fallen -59.41% over the past one year. While a 52-week high of $18.53 was reached on 06/18/24, a 52-week low of $1.17 was recorded on 12/20/24. SMA at 50 days reached $1.8400, while 200 days put it at $3.6100.
Levels Of Support And Resistance For RELI Stock
The 24-hour chart illustrates a support level at 2.2400, which if violated will result in even more drops to 1.3800. On the upside, there is a resistance level at 4.5400. A further resistance level may holdings at 5.9800. The Relative Strength Index (RSI) on the 14-day chart is 78.41, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2800, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.83%. Stochastics %K at 19.68% indicates the stock is a buying.
How much short interest is there in Reliance Global Group Inc?
A steep rise in short interest was recorded in Reliance Global Group Inc stocks on 2024-11-29, growing by 16853.0 shares to a total of 43515.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 26662.0 shares. There was a rise of 38.73%, which implies that there is a positive sentiment for the stock.
