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. SILO Pharma Inc shares valued at $2,097 were purchased by Weisblum Eric on Dec 13 ’24. At $0.84 per share, Weisblum Eric acquired 2,500 shares. The insider’s holdings grew to 187,932 shares worth approximately $0.32 million following the completion of this transaction.
Also, Weisblum Eric purchased 2,500 shares, netting a total of over 2,375 in proceeds. Following the buying of shares at $0.95 each, the insider now holds 182,932 shares.
Before that, Weisblum Eric had added 2,500 shares to its account. In a trade valued at $2,250, the CEO and President bought SILO Pharma Inc shares for $0.90 each. Upon closing the transaction, the insider’s holdings increased to 2,500 shares, worth approximately $0.32 million.
Analyzing SILO Stock Performance
During the last five days, there has been a surge of approximately 92.13%. Over the course of the year, SILO Pharma Inc shares have jumped approximately 92.13%. Shares of the company reached a 52-week high of $3.3699 on 01/08/25 and a 52-week low of $0.8900 on 01/02/25. A 50-day SMA is recorded $1.0175, while a 200-day SMA reached $1.3887. Nevertheless, trading volume fell to 165.47 million shares from 0.43 million shares the previous day.
Support And Resistance Levels for SILO Pharma Inc (SILO)
According to the 24-hour chart, there is a support level at 1.1234, which, if violated, would cause prices to drop to 0.5367. In the upper region, resistance lies at 2.8333. The next price resistance is at 3.9565. RSI (Relative Strength Index) is 81.96 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.2804, which suggests the price will decrease in the coming days. Percent R is at 64.59%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
