Meanwhile, The Benchmark Company initiated its Wimi Hologram Cloud Inc ADR [WIMI] rating to a Buy in a research note published on December 30, 2020; the price target was $8. A number of analysts have revised their coverage, including Maxim Group’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Hold”.
Price Performance Review of WIMI
On Tuesday, Wimi Hologram Cloud Inc ADR [NASDAQ:WIMI] saw its stock jump 30.94% to $1.82. Over the last five days, the stock has lost -24.17%. Wimi Hologram Cloud Inc ADR shares have fallen nearly -1.62% since the year began. Nevertheless, the stocks have risen 127.50% over the past one year. While a 52-week high of $2.92 was reached on 01/02/25, a 52-week low of $0.61 was recorded on 01/07/25. SMA at 50 days reached $1.0128, while 200 days put it at $0.8941.
Levels Of Support And Resistance For WIMI Stock
The 24-hour chart illustrates a support level at 1.4500, which if violated will result in even more drops to 1.0800. On the upside, there is a resistance level at 2.0900. A further resistance level may holdings at 2.3600. The Relative Strength Index (RSI) on the 14-day chart is 61.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1310, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.41%. Stochastics %K at 38.29% indicates the stock is a holding.
How much short interest is there in Wimi Hologram Cloud Inc ADR?
A steep rise in short interest was recorded in Wimi Hologram Cloud Inc ADR stocks on 2024-12-13, dropping by -0.5 million shares to a total of 0.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.78 million shares. There was a decline of -179.98%, which implies that there is a negative sentiment for the stock.
