TotalEnergies SE ADR’s filing revealed that its Director TotalEnergies SE acquired Company’s shares for reported $4.5 million on Mar 28 ’24. In the deal valued at $22.86 per share,196,964 shares were bought. As a result of this transaction, TotalEnergies SE now holds 295,235 shares worth roughly $16.83 million.
Morgan Stanley downgraded its TotalEnergies SE ADR [TTE] rating to an Equal-weight from a an Overweight in a research note published on January 07, 2025; the price target was decreased to $64.10 from $70.40. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early December from “a Sector perform” to “an Outperform”. Exane BNP Paribas also remained covering TTE and has decreased its forecast on November 27, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. TD Cowen maintained its rating on September 27, 2024. It rated TTE as “a Buy”.
Price Performance Review of TTE
On Tuesday, TotalEnergies SE ADR [NYSE:TTE] saw its stock jump 0.87% to $57.01. Over the last five days, the stock has gained 4.64%. TotalEnergies SE ADR shares have risen nearly 4.61% since the year began. Nevertheless, the stocks have fallen -16.43% over the past one year. While a 52-week high of $74.97 was reached on 01/07/25, a 52-week low of $53.29 was recorded on 01/02/25. SMA at 50 days reached $58.35, while 200 days put it at $66.43.
Levels Of Support And Resistance For TTE Stock
The 24-hour chart illustrates a support level at 56.77, which if violated will result in even more drops to 56.53. On the upside, there is a resistance level at 57.27. A further resistance level may holdings at 57.53. The Relative Strength Index (RSI) on the 14-day chart is 56.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.00%. Stochastics %K at 84.99% indicates the stock is a selling.
How much short interest is there in TotalEnergies SE ADR?
A steep rise in short interest was recorded in TotalEnergies SE ADR stocks on 2024-12-13, growing by 0.16 million shares to a total of 5.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.56 million shares. There was a rise of 2.73%, which implies that there is a positive sentiment for the stock.
