Meanwhile, ROTH MKM initiated its MultiSensor AI Holdings Inc [MSAI] rating to a Buy in a research note published on April 15, 2024; the price target was $8.
Price Performance Review of MSAI
On Tuesday, MultiSensor AI Holdings Inc [NASDAQ:MSAI] saw its stock jump 24.00% to $2.48. Over the last five days, the stock has gained 31.91%. MultiSensor AI Holdings Inc shares have risen nearly 34.78% since the year began. Nevertheless, the stocks have fallen -20.00% over the past one year. While a 52-week high of $5.00 was reached on 01/07/25, a 52-week low of $1.40 was recorded on 01/02/25. SMA at 50 days reached $1.79, while 200 days put it at $2.05.
Levels Of Support And Resistance For MSAI Stock
The 24-hour chart illustrates a support level at 2.14, which if violated will result in even more drops to 1.81. On the upside, there is a resistance level at 3.07. A further resistance level may holdings at 3.67. The Relative Strength Index (RSI) on the 14-day chart is 78.68, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.50%. Stochastics %K at 76.63% indicates the stock is a holding.
How much short interest is there in MultiSensor AI Holdings Inc?
A steep rise in short interest was recorded in MultiSensor AI Holdings Inc stocks on 2024-10-31, dropping by 3964.0 shares to a total of 84917.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 88881.0 shares. There was a decline of -4.67%, which implies that there is a negative sentiment for the stock.
