While this happened, ROTH MKM initiated its LeddarTech Holdings Inc [LDTC] rating to a Buy in a research note published on February 06, 2024; the price target was $7.
Price Performance Review of LDTC
On Tuesday, LeddarTech Holdings Inc [NASDAQ:LDTC] saw its stock fall -4.52% to $1.69. Over the last five days, the stock has gained 16.55%. LeddarTech Holdings Inc shares have risen nearly 12.67% since the year began. Nevertheless, the stocks have fallen -38.55% over the past one year. While a 52-week high of $5.20 was reached on 01/06/25, a 52-week low of $0.22 was recorded on 01/02/25. SMA at 50 days reached $0.7122, while 200 days put it at $1.0766.
Levels Of Support And Resistance For LDTC Stock
The 24-hour chart illustrates a support level at 1.5900, which if violated will result in even more drops to 1.4900. On the upside, there is a resistance level at 1.8200. A further resistance level may holdings at 1.9500. The Relative Strength Index (RSI) on the 14-day chart is 62.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.4436, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.95%. Stochastics %K at 72.95% indicates the stock is a holding.
How much short interest is there in LeddarTech Holdings Inc?
A steep rise in short interest was recorded in LeddarTech Holdings Inc stocks on 2024-11-29, growing by 9397.0 shares to a total of 33747.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 24350.0 shares. There was a rise of 27.85%, which implies that there is a positive sentiment for the stock.