Innoviz Technologies Ltd’s recent filing unveils that its Officer Cegla Eldar Mordechay acquired Company’s shares for reported $15300.0 on Dec 24 ’24. In the deal valued at $1.53 per share,10,000 shares were bought.
Rosenblatt upgraded its Innoviz Technologies Ltd [INVZ] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who decreased its forecast for the stock in mid November from “an Overweight” to “a Neutral”. Goldman also remained covering INVZ and has decreased its forecast on July 11, 2024 with a “Neutral” recommendation from previously “Buy” rating. Rosenblatt started covering the stock on October 25, 2022. It rated INVZ as “a Neutral”.
Price Performance Review of INVZ
On Tuesday, Innoviz Technologies Ltd [NASDAQ:INVZ] saw its stock jump 10.55% to $2.20. Over the last five days, the stock has gained 19.57%. Innoviz Technologies Ltd shares have risen nearly 30.95% since the year began. Nevertheless, the stocks have fallen -5.58% over the past one year. While a 52-week high of $2.33 was reached on 01/07/25, a 52-week low of $0.45 was recorded on 01/02/25. SMA at 50 days reached $0.9300, while 200 days put it at $0.9300.
Levels Of Support And Resistance For INVZ Stock
The 24-hour chart illustrates a support level at 1.8300, which if violated will result in even more drops to 1.4700. On the upside, there is a resistance level at 2.8500. A further resistance level may holdings at 3.5100. The Relative Strength Index (RSI) on the 14-day chart is 80.14, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.3600, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.34%. Stochastics %K at 76.45% indicates the stock is a holding.
How much short interest is there in Innoviz Technologies Ltd?
A steep rise in short interest was recorded in Innoviz Technologies Ltd stocks on 2024-10-31, growing by 0.21 million shares to a total of 11.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 11.18 million shares. There was a rise of 1.81%, which implies that there is a positive sentiment for the stock.
