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. Soluna Holdings Inc shares valued at $1,260 were sold by MICHAELS DAVID C on Dec 10 ’24. At $3.15 per share, MICHAELS DAVID C sold 400 shares. The insider’s holdings dropped to 176,491 shares worth approximately $0.4 million following the completion of this transaction.
Also, TOPOREK MICHAEL sold 574 shares, netting a total of over 5,740 in proceeds. Following the sale of shares at $10.00 each, the insider now holds 1,246,188 shares.
Before that, TOPOREK MICHAEL had sold 100 shares from its account. In a trade valued at $1,040, the Director traded Soluna Holdings Inc shares for $10.40 each. Upon closing the transaction, the insider’s holdings decreased to 100 shares, worth approximately $2.79 million.
Analyzing SLNH Stock Performance
During the last five days, there has been a surge of approximately 6.67%. Over the course of the year, Soluna Holdings Inc shares have jumped approximately 6.67%. Shares of the company reached a 52-week high of $2.81 on 01/07/25 and a 52-week low of $2.08 on 01/02/25. A 50-day SMA is recorded $3.11, while a 200-day SMA reached $3.58. Nevertheless, trading volume fell to 0.15 million shares from 0.66 million shares the previous day.
Support And Resistance Levels for Soluna Holdings Inc (SLNH)
According to the 24-hour chart, there is a support level at 2.14, which, if violated, would cause prices to drop to 2.03. In the upper region, resistance lies at 2.39. The next price resistance is at 2.53. RSI (Relative Strength Index) is 40.34 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 74.03%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
