Solid Power Inc’s recent filing unveils that its Chief Technology Officer Buettner-Garrett Joshua unloaded Company’s shares for reported $0.2 million on Dec 16 ’24. In the deal valued at $1.07 per share,187,500 shares were sold. As a result of this transaction, Buettner-Garrett Joshua now holds 869,720 shares worth roughly $1.24 million.
Then, Buettner-Garrett Joshua bought 187,500 shares, generating $201,418 in total proceeds.
Before that, ANDERSON ERIK J sold 506,283 shares. Solid Power Inc shares valued at $644,093 were divested by the Director at a price of $1.27 per share. As a result of the transaction, ANDERSON ERIK J now holds 187,617 shares, worth roughly $0.27 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early June from “a Peer perform” to “an Underperform”. Citigroup started covering the stock on December 14, 2022. It rated SLDP as “a Neutral”.
Price Performance Review of SLDP
On Monday, Solid Power Inc [NASDAQ:SLDP] saw its stock jump 9.23% to $1.42. Over the last five days, the stock has gained 30.28%. Solid Power Inc shares have fallen nearly -2.07% since the year began. Nevertheless, the stocks have risen 7.58% over the past one year. While a 52-week high of $2.35 was reached on 07/18/24, a 52-week low of $1.00 was recorded on 11/19/24. SMA at 50 days reached $1.1635, while 200 days put it at $1.5063.
Levels Of Support And Resistance For SLDP Stock
The 24-hour chart illustrates a support level at 1.3133, which if violated will result in even more drops to 1.2067. On the upside, there is a resistance level at 1.4833. A further resistance level may holdings at 1.5467. The Relative Strength Index (RSI) on the 14-day chart is 70.38, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1305, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.13%. Stochastics %K at 64.96% indicates the stock is a holding.
How much short interest is there in Solid Power Inc?
A steep rise in short interest was recorded in Solid Power Inc stocks on 2024-11-29, dropping by -1.17 million shares to a total of 14.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 15.9 million shares. There was a decline of -7.93%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 02, 2022 when Stifel began covering the stock and recommended ‘”a Hold”‘ rating along with a $5 price target.
