Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Atomera Inc shares valued at $19,868 were sold by Mears Robert J on Dec 10 ’24. At $7.56 per share, Mears Robert J sold 2,628 shares. The insider’s holdings dropped to 127,866 shares worth approximately $1.31 million following the completion of this transaction.
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Also, BIBAUD SCOTT A. sold 5,219 shares, netting a total of over 31,627 in proceeds. Following the sale of shares at $6.06 each, the insider now holds 333,287 shares.
Before that, Laurencio Francis had sold 2,478 shares from its account. In a trade valued at $15,017, the CFO traded Atomera Inc shares for $6.06 each. Upon closing the transaction, the insider’s holdings decreased to 2,478 shares, worth approximately $0.95 million.
As published in their initiating research note from Craig Hallum on June 09, 2021, Atomera Inc [ATOM] has been a Buy and the price target has been revised to $28. Analysts at ROTH Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of June 22, 2018, Loop Capital has initiated its “Buy” rating for ATOM.
Analyzing ATOM Stock Performance
During the last five days, there has been a surge of approximately 31.29%. Over the course of the year, Atomera Inc shares have jumped approximately 49.64%. Shares of the company reached a 52-week high of $10.50 on 12/24/24 and a 52-week low of $2.31 on 09/16/24. A 50-day SMA is recorded $5.75, while a 200-day SMA reached $4.47. Nevertheless, trading volume fell to 0.7 million shares from 0.39 million shares the previous day.
Support And Resistance Levels for Atomera Inc (ATOM)
According to the 24-hour chart, there is a support level at 9.36, which, if violated, would cause prices to drop to 8.51. In the upper region, resistance lies at 10.79. The next price resistance is at 11.36. RSI (Relative Strength Index) is 80.94 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.56, which suggests the price will increase in the coming days. Percent R is at 6.36%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
