Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Safe and Green Development Corp shares valued at $3,163 were sold by Brune Nicolai Ayrton on Sep 09 ’24. At $0.26 per share, Brune Nicolai Ayrton sold 12,000 shares. The insider’s holdings dropped to 155,472 shares worth approximately $0.33 million following the completion of this transaction.
Also, Brune Nicolai Ayrton sold 10,000 shares, netting a total of over 2,502 in proceeds. Following the sale of shares at $0.25 each, the insider now holds 145,472 shares.
Before that, Brune Nicolai Ayrton had added 10,000 shares to its account. In a trade valued at $2,421, the Officer bought Safe and Green Development Corp shares for $0.24 each.
Analyzing SGD Stock Performance
During the last five days, there has been a drop of approximately -21.35%. Over the course of the year, Safe and Green Development Corp shares have dropped approximately -21.35%. Shares of the company reached a 52-week high of $3.03 on 01/06/25 and a 52-week low of $2.01 on 01/08/25. A 50-day SMA is recorded $2.62, while a 200-day SMA reached $6.94. Nevertheless, trading volume fell to 52561.0 shares from 0.14 million shares the previous day.
Support And Resistance Levels for Safe and Green Development Corp (SGD)
According to the 24-hour chart, there is a support level at 1.92, which, if violated, would cause prices to drop to 1.75. In the upper region, resistance lies at 2.36. The next price resistance is at 2.63. RSI (Relative Strength Index) is 39.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.07, which suggests the price will decrease in the coming days. Percent R is at 91.18%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
