Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Faraday Future Intelligent Electric Inc shares valued at $23,550 were sold by Chen Chad on Nov 25 ’24. At $1.57 per share, Chen Chad sold 15,000 shares. The insider’s holdings dropped to 7,943 shares worth approximately $29309.67 following the completion of this transaction.
Also, Aydt Matthias purchased 1 shares, netting a total of over 100 in proceeds. Following the buying of shares at $100.00 each, the insider now holds 1 shares.
As published in a research note from The Benchmark Company on August 16, 2022, Faraday Future Intelligent Electric Inc [FFIE] has been rated down from a Buy to a Hold. Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid November. As of August 17, 2021, Wedbush has initiated its “an Outperform” rating for FFIE.
Analyzing FFIE Stock Performance
During the last five days, there has been a surge of approximately 197.58%. Over the course of the year, Faraday Future Intelligent Electric Inc shares have jumped approximately 51.85%. Shares of the company reached a 52-week high of $3.82 on 01/02/25 and a 52-week low of $2.58 on 01/02/25. A 50-day SMA is recorded $1.59, while a 200-day SMA reached $8.63. Nevertheless, trading volume fell to 91.39 million shares from 28.29 million shares the previous day.
Support And Resistance Levels for Faraday Future Intelligent Electric Inc (FFIE)
According to the 24-hour chart, there is a support level at 2.91, which, if violated, would cause prices to drop to 2.12. In the upper region, resistance lies at 4.15. The next price resistance is at 4.60. RSI (Relative Strength Index) is 75.16 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.46, which suggests the price will increase in the coming days. Percent R is at 22.58%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
