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. Nxu Inc shares valued at $70,899 were sold by Ide Britt E on Nov 19 ’24. At $0.26 per share, Ide Britt E sold 271,022 shares. The insider’s holdings dropped to 461,454 shares worth approximately $0.37 million following the completion of this transaction.
Also, Ide Britt E sold 68,978 shares, netting a total of over 21,477 in proceeds. Following the sale of shares at $0.31 each, the insider now holds 732,476 shares.
Before that, Ide Britt E had sold 21,700 shares from its account. In a trade valued at $5,542, the Director traded Nxu Inc shares for $0.26 each. Upon closing the transaction, the insider’s holdings decreased to 21,700 shares, worth approximately $0.35 million.
Analyzing NXU Stock Performance
During the last five days, there has been a drop of approximately -24.52%. Over the course of the year, Nxu Inc shares have dropped approximately -24.52%. Shares of the company reached a 52-week high of $1.2900 on 01/06/25 and a 52-week low of $0.6157 on 01/03/25. A 50-day SMA is recorded $0.4161, while a 200-day SMA reached $0.3990. Nevertheless, trading volume fell to 2.62 million shares from 4.46 million shares the previous day.
Support And Resistance Levels for Nxu Inc (NXU)
According to the 24-hour chart, there is a support level at 0.7127, which, if violated, would cause prices to drop to 0.6253. In the upper region, resistance lies at 0.8768. The next price resistance is at 0.9535. RSI (Relative Strength Index) is 56.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.2903, which suggests the price will decrease in the coming days. Percent R is at 71.42%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
