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. CIMG Inc shares valued at $400,000 were purchased by DYT INFO PTE. LTD. on Oct 14 ’24. At $0.57 per share, DYT INFO PTE. LTD. acquired 701,754 shares. The insider’s holdings grew to 1,496,159 shares worth approximately $1.2 million following the completion of this transaction.
Also, Zhang Xiang sold 139,357 shares, netting a total of over 176,983 in proceeds. Following the sale of shares at $1.27 each, the insider now holds 0 shares.
Before that, Liu Yumei had sold 83,615 shares from its account. In a trade valued at $165,558, the 10% Owner traded CIMG Inc shares for $1.98 each. Upon closing the transaction, the insider’s holdings decreased to 83,615 shares, worth approximately $0.43 million.
Analyzing IMG Stock Performance
During the last five days, there has been a surge of approximately 9.84%. Over the course of the year, CIMG Inc shares have jumped approximately 9.84%. Shares of the company reached a 52-week high of $1.4400 on 01/08/25 and a 52-week low of $0.6505 on 01/07/25. A 50-day SMA is recorded $0.7395, while a 200-day SMA reached $1.3594.
Support And Resistance Levels for CIMG Inc (IMG)
According to the 24-hour chart, there is a support level at 0.5025, which, if violated, would cause prices to drop to 0.2033. In the upper region, resistance lies at 1.2705. The next price resistance is at 1.7393. RSI (Relative Strength Index) is 53.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0222, which suggests the price will decrease in the coming days. Percent R is at 77.45%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
