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AEON Biopharma Inc (AEON) Becoming More Attractive for Investors

AEON Biopharma Inc’s filing revealed that its Affiliate Oleg Grodnensky acquired Company’s shares for reported $0.53 million on Jul 29 ’24. In the deal valued at $2.63 per share,201,825 shares were bought.

H.C. Wainwright initiated its AEON Biopharma Inc [AEON] rating to a Buy in a research note published on August 18, 2023; the price target was $18.

Price Performance Review of AEON

On Tuesday, AEON Biopharma Inc [AMEX:AEON] saw its stock jump 5.24% to $0.22. Over the last five days, the stock has lost -60.54%. AEON Biopharma Inc shares have fallen nearly -59.07% since the year began. Nevertheless, the stocks have fallen -96.86% over the past one year. While a 52-week high of $17.17 was reached on 01/03/25, a 52-week low of $0.16 was recorded on 01/06/25. SMA at 50 days reached $0.6673, while 200 days put it at $1.9924.

Levels Of Support And Resistance For AEON Stock

The 24-hour chart illustrates a support level at 0.1894, which if violated will result in even more drops to 0.1579. On the upside, there is a resistance level at 0.2604. A further resistance level may holdings at 0.2999. The Relative Strength Index (RSI) on the 14-day chart is 24.57, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2121, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.32%. Stochastics %K at 15.90% indicates the stock is a buying.

How much short interest is there in AEON Biopharma Inc?

A steep rise in short interest was recorded in AEON Biopharma Inc stocks on 2024-11-15, growing by 11144.0 shares to a total of 0.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 0.15 million shares. There was a rise of 6.78%, which implies that there is a positive sentiment for the stock.

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