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. Renovaro Inc shares valued at $1,448 were sold by William Anderson Wittekind on Jul 29 ’24. At $1.30 per share, William Anderson Wittekind sold 1,114 shares. The insider’s holdings dropped to 840,319 shares worth approximately $0.76 million following the completion of this transaction.
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Also, William Anderson Wittekind sold 16,362 shares, netting a total of over 23,889 in proceeds. Following the sale of shares at $1.46 each, the insider now holds 841,433 shares.
Before that, William Anderson Wittekind had sold 21,954 shares from its account. In a trade valued at $30,955, the 10% Owner traded Renovaro Inc shares for $1.41 each. Upon closing the transaction, the insider’s holdings decreased to 21,954 shares, worth approximately $0.8 million.
Analyzing RENB Stock Performance
During the last five days, there has been a drop of approximately -46.04%. Over the course of the year, Renovaro Inc shares have dropped approximately -71.40%. Shares of the company reached a 52-week high of $5.2500 on 01/25/24 and a 52-week low of $0.3950 on 10/09/24. A 50-day SMA is recorded $0.9014, while a 200-day SMA reached $1.2456. Nevertheless, trading volume fell to 1.15 million shares from 3.99 million shares the previous day.
Support And Resistance Levels for Renovaro Inc (RENB)
According to the 24-hour chart, there is a support level at 0.8677, which, if violated, would cause prices to drop to 0.8288. In the upper region, resistance lies at 0.9777. The next price resistance is at 1.0488. RSI (Relative Strength Index) is 41.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.5402, which suggests the price will decrease in the coming days. Percent R is at 83.46%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
