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. Reliance Global Group Inc shares valued at $11,407 were sold by Beyman Yaakov on Dec 23 ’24. At $3.80 per share, Beyman Yaakov sold 3,001 shares. The insider’s holdings dropped to 6,667 shares worth approximately $17067.52 following the completion of this transaction.
Also, Blumenfrucht Alex sold 5,236 shares, netting a total of over 19,321 in proceeds. Following the sale of shares at $3.69 each, the insider now holds 484 shares.
Before that, Markovits Joel had sold 27,000 shares from its account. In a trade valued at $18,976, the Chief Financial Officer traded Reliance Global Group Inc shares for $0.70 each. Upon closing the transaction, the insider’s holdings decreased to 27,000 shares, worth approximately $0.47 million.
Analyzing RELI Stock Performance
During the last five days, there has been a drop of approximately -0.78%. Over the course of the year, Reliance Global Group Inc shares have dropped approximately -0.78%. Shares of the company reached a 52-week high of $3.23 on 01/03/25 and a 52-week low of $2.46 on 01/08/25. A 50-day SMA is recorded $1.91, while a 200-day SMA reached $3.43. Nevertheless, trading volume fell to 89378.0 shares from 0.12 million shares the previous day.
Support And Resistance Levels for Reliance Global Group Inc (RELI)
According to the 24-hour chart, there is a support level at 2.43, which, if violated, would cause prices to drop to 2.31. In the upper region, resistance lies at 2.71. The next price resistance is at 2.87. RSI (Relative Strength Index) is 57.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.27, which suggests the price will decrease in the coming days. Percent R is at 64.80%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
