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. EON Resources Inc shares valued at $615 were purchased by Caravaggio Dante on Dec 16 ’24. At $0.61 per share, Caravaggio Dante acquired 1,000 shares. The insider’s holdings grew to 550,000 shares worth approximately $0.59 million following the completion of this transaction.
Also, Williams Mark purchased 50,000 shares, netting a total of over 50,000 in proceeds. Following the buying of shares at $1.00 each, the insider now holds 95,000 shares.
Before that, Caravaggio Dante had added 110,000 shares to its account. In a trade valued at $120,100, the Chief Executive Officer bought EON Resources Inc shares for $1.09 each. Upon closing the transaction, the insider’s holdings increased to 110,000 shares, worth approximately $0.69 million.
Analyzing EONR Stock Performance
During the last five days, there has been a surge of approximately 30.52%. Over the course of the year, EON Resources Inc shares have jumped approximately 30.52%. Shares of the company reached a 52-week high of $1.5000 on 01/08/25 and a 52-week low of $0.6812 on 01/07/25. A 50-day SMA is recorded $0.8895, while a 200-day SMA reached $1.8054.
Support And Resistance Levels for EON Resources Inc (EONR)
According to the 24-hour chart, there is a support level at 0.7400, which, if violated, would cause prices to drop to 0.4100. In the upper region, resistance lies at 1.4500. The next price resistance is at 1.8300. RSI (Relative Strength Index) is 66.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1463, which suggests the price will decrease in the coming days. Percent R is at 44.19%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
