Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Trio Petroleum Corp shares valued at $2,981 were sold by PERNICE THOMAS J on Dec 09 ’24. At $1.08 per share, PERNICE THOMAS J sold 2,750 shares. The insider’s holdings dropped to 19,000 shares worth approximately $20140.0 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, PERNICE THOMAS J sold 25,000 shares, netting a total of over 3,838 in proceeds. Following the sale of shares at $0.15 each, the insider now holds 195,000 shares.
Before that, PERNICE THOMAS J had added 25,000 shares to its account. In a trade valued at $3,750, the Director bought Trio Petroleum Corp shares for $0.15 each.
Analyzing TPET Stock Performance
During the last five days, there has been a surge of approximately 30.07%. Over the course of the year, Trio Petroleum Corp shares have dropped approximately -82.60%. Shares of the company reached a 52-week high of $14.3920 on 04/15/24 and a 52-week low of $0.7900 on 12/17/24. A 50-day SMA is recorded $1.9601, while a 200-day SMA reached $4.1371. Nevertheless, trading volume fell to 1.34 million shares from 1.01 million shares the previous day.
Support And Resistance Levels for Trio Petroleum Corp (TPET)
According to the 24-hour chart, there is a support level at 0.9702, which, if violated, would cause prices to drop to 0.8804. In the upper region, resistance lies at 1.1199. The next price resistance is at 1.1798. RSI (Relative Strength Index) is 42.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0401, which suggests the price will decrease in the coming days. Percent R is at 91.72%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
