Following these proceedings, Dawson James initiated its Check-Cap Ltd [CHEK] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in mid January has reiterated a ‘”a Buy”‘ rating for it. H.C. Wainwright also remained covering CHEK and reiterated its “Buy” recommendation on November 28, 2017. H.C. Wainwright maintained its rating on September 28, 2017. It rated CHEK as “a Buy”.
Price Performance Review of CHEK
On Tuesday, Check-Cap Ltd [NASDAQ:CHEK] saw its stock jump 21.48% to $1.64. Over the last five days, the stock has gained 42.61%. Check-Cap Ltd shares have risen nearly 65.67% since the year began. Nevertheless, the stocks have fallen -20.00% over the past one year. While a 52-week high of $3.45 was reached on 01/07/25, a 52-week low of $0.56 was recorded on 01/02/25. SMA at 50 days reached $0.9664, while 200 days put it at $1.7424.
Levels Of Support And Resistance For CHEK Stock
The 24-hour chart illustrates a support level at 1.3267, which if violated will result in even more drops to 1.0133. On the upside, there is a resistance level at 1.9767. A further resistance level may holdings at 2.3133. The Relative Strength Index (RSI) on the 14-day chart is 59.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.4069, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.45%. Stochastics %K at 41.40% indicates the stock is a holding.
How much short interest is there in Check-Cap Ltd?
A steep rise in short interest was recorded in Check-Cap Ltd stocks on 2024-12-13, dropping by 2224.0 shares to a total of 9845.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 12069.0 shares. There was a decline of -22.59%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 19, 2017 when Rodman & Renshaw began covering the stock and recommended ‘”a Buy”‘ rating along with a $6 price target.
