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The Potential Rise in the Price of GRAIL Inc (GRAL) following insiders activity

GRAIL Inc’s filing revealed that its Chief Financial Officer Freidin Aaron unloaded Company’s shares for reported $0.43 million on Nov 18 ’24. In the deal valued at $14.02 per share,30,452 shares were sold. As a result of this transaction, Freidin Aaron now holds 268,277 shares worth roughly $4.76 million.

Then, Aaron Freidin bought 31,721 shares, generating $469,471 in total proceeds.

Before that, RAGUSA ROBERT P sold 123,454 shares. GRAIL Inc shares valued at $1,730,825 were divested by the Chief Executive Officer at a price of $14.02 per share. As a result of the transaction, RAGUSA ROBERT P now holds 612,661 shares, worth roughly $10.86 million.

Morgan Stanley initiated its GRAIL Inc [GRAL] rating to an Equal-weight in a research note published on November 27, 2024; the price target was $16. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid November with a ‘”a Peer perform”‘ rating. Guggenheim began covering GRAL with “Neutral” recommendation on October 17, 2024.

Price Performance Review of GRAL

On Friday, GRAIL Inc [NASDAQ:GRAL] saw its stock jump 0.40% to $17.73. Over the last five days, the stock has lost -1.06%. GRAIL Inc shares have fallen nearly -0.67% since the year began.

Levels Of Support And Resistance For GRAL Stock

The 24-hour chart illustrates a support level at 16.98, which if violated will result in even more drops to 16.24. On the upside, there is a resistance level at 18.30. A further resistance level may holdings at 18.88. The Relative Strength Index (RSI) on the 14-day chart is 45.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.79%. Stochastics %K at 24.12% indicates the stock is a holding.

How much short interest is there in GRAIL Inc?

A steep rise in short interest was recorded in GRAIL Inc stocks on 2024-12-13, growing by 1.12 million shares to a total of 4.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.78 million shares. There was a rise of 22.79%, which implies that there is a positive sentiment for the stock.

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