Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Mill City Ventures III Ltd shares valued at $7,152 were purchased by ZIPKIN LAURENCE S on Dec 09 ’24. At $1.99 per share, ZIPKIN LAURENCE S acquired 3,600 shares. The insider’s holdings grew to 160,661 shares worth approximately $0.45 million following the completion of this transaction.
Also, ZIPKIN LAURENCE S purchased 300 shares, netting a total of over 585 in proceeds. Following the buying of shares at $1.95 each, the insider now holds 157,061 shares.
Before that, POLINSKY DOUGLAS MICHAEL had added 3,500 shares to its account. In a trade valued at $6,825, the Chief Executive Officer bought Mill City Ventures III Ltd shares for $1.95 each. Upon closing the transaction, the insider’s holdings increased to 3,500 shares, worth approximately $0.77 million.
Analyzing MCVT Stock Performance
During the last five days, there has been a surge of approximately 44.96%. Over the course of the year, Mill City Ventures III Ltd shares have jumped approximately 44.96%. Shares of the company reached a 52-week high of $3.29 on 01/08/25 and a 52-week low of $1.90 on 01/08/25. A 50-day SMA is recorded $2.02, while a 200-day SMA reached $2.47. Nevertheless, trading volume fell to 1.61 million shares from 1.89 million shares the previous day.
Support And Resistance Levels for Mill City Ventures III Ltd (MCVT)
According to the 24-hour chart, there is a support level at 2.06, which, if violated, would cause prices to drop to 1.28. In the upper region, resistance lies at 3.45. The next price resistance is at 4.07. RSI (Relative Strength Index) is 72.75 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.61, which suggests the price will decrease in the coming days. Percent R is at 33.18%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
