Trio Petroleum Corp’s recent filing unveils that its Director PERNICE THOMAS J unloaded Company’s shares for reported $2981.0 on Dec 09 ’24. In the deal valued at $1.08 per share,2,750 shares were sold. As a result of this transaction, PERNICE THOMAS J now holds 19,000 shares worth roughly $36480.0.
Then, PERNICE THOMAS J sold 25,000 shares, generating $3,838 in total proceeds. Upon selling the shares at $0.15, the Director now owns 195,000 shares.
Before that, PERNICE THOMAS J bought 25,000 shares. Trio Petroleum Corp shares valued at $3,750 were divested by the Director at a price of $0.15 per share.
Price Performance Review of TPET
On Friday, Trio Petroleum Corp [AMEX:TPET] saw its stock fall -5.88% to $1.92. Over the last five days, the stock has gained 64.10%. Trio Petroleum Corp shares have risen nearly 58.68% since the year began. Nevertheless, the stocks have fallen -69.53% over the past one year. While a 52-week high of $14.39 was reached on 01/08/25, a 52-week low of $0.79 was recorded on 01/06/25. SMA at 50 days reached $1.5685, while 200 days put it at $4.0906.
Levels Of Support And Resistance For TPET Stock
The 24-hour chart illustrates a support level at 1.6633, which if violated will result in even more drops to 1.4067. On the upside, there is a resistance level at 2.2333. A further resistance level may holdings at 2.5467. The Relative Strength Index (RSI) on the 14-day chart is 63.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.4826, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.50%. Stochastics %K at 35.72% indicates the stock is a holding.
How much short interest is there in Trio Petroleum Corp?
A steep rise in short interest was recorded in Trio Petroleum Corp stocks on 2024-12-13, growing by 67107.0 shares to a total of 0.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.13 million shares. There was a rise of 33.76%, which implies that there is a positive sentiment for the stock.
