The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. enVVeno Medical Corporation shares valued at $249,999 were purchased by Duhay Francis on Dec 31 ’24. At $3.07 per share, Duhay Francis acquired 81,433 shares. The insider’s holdings grew to 102,344 shares worth approximately $0.34 million following the completion of this transaction.
Also, Gray Robert purchased 3,500 shares, netting a total of over 10,290 in proceeds. Following the buying of shares at $2.94 each, the insider now holds 11,155 shares.
Before that, Shrivastava Sanjay had added 5,400 shares to its account. In a trade valued at $15,660, the Director bought enVVeno Medical Corporation shares for $2.90 each. Upon closing the transaction, the insider’s holdings increased to 5,400 shares, worth approximately $31207.68.
Analyzing NVNO Stock Performance
During the last five days, there has been a surge of approximately 11.26%. Over the course of the year, enVVeno Medical Corporation shares have jumped approximately 11.26%. Shares of the company reached a 52-week high of $3.72 on 01/03/25 and a 52-week low of $3.01 on 01/02/25. A 50-day SMA is recorded $3.18, while a 200-day SMA reached $4.46. Nevertheless, trading volume fell to 92623.0 shares from 85400.0 shares the previous day.
Support And Resistance Levels for enVVeno Medical Corporation (NVNO)
According to the 24-hour chart, there is a support level at 3.21, which, if violated, would cause prices to drop to 3.07. In the upper region, resistance lies at 3.46. The next price resistance is at 3.57. RSI (Relative Strength Index) is 59.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 28.55%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.