Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Spruce Power Holding Corporation shares valued at $11,200 were purchased by Tech Eric M. on Dec 13 ’24. At $2.80 per share, Tech Eric M. acquired 4,000 shares. The insider’s holdings grew to 118,430 shares worth approximately $0.37 million following the completion of this transaction.
Also, Tech Eric M. purchased 1,000 shares, netting a total of over 2,821 in proceeds. Following the buying of shares at $2.82 each, the insider now holds 1,000 shares.
Before that, Tech Eric M. had added 1,000 shares to its account. In a trade valued at $2,821, the Director bought Spruce Power Holding Corporation shares for $2.82 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $0.36 million.
Analyzing SPRU Stock Performance
During the last five days, there has been a surge of approximately 5.39%. Over the course of the year, Spruce Power Holding Corporation shares have jumped approximately 5.39%. Shares of the company reached a 52-week high of $3.23 on 01/06/25 and a 52-week low of $2.89 on 01/08/25. A 50-day SMA is recorded $2.66, while a 200-day SMA reached $3.14. Nevertheless, trading volume fell to 50720.0 shares from 29100.0 shares the previous day.
Support And Resistance Levels for Spruce Power Holding Corporation (SPRU)
According to the 24-hour chart, there is a support level at 2.95, which, if violated, would cause prices to drop to 2.78. In the upper region, resistance lies at 3.24. The next price resistance is at 3.36. RSI (Relative Strength Index) is 63.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.13, which suggests the price will decrease in the coming days. Percent R is at 16.95%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
