TeraWulf Inc’s recent filing unveils that its Chief Acct Officer + Treasurer Deane Kenneth J unloaded Company’s shares for reported $0.23 million on Jun 07 ’24. In the deal valued at $3.25 per share,69,996 shares were sold. As a result of this transaction, Deane Kenneth J now holds 337,245 shares worth roughly $1.88 million.
Keefe Bruyette initiated its TeraWulf Inc [WULF] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. ROTH MKM started covering the stock on July 02, 2024. It rated WULF as “a Buy”.
Price Performance Review of WULF
On Tuesday, TeraWulf Inc [NASDAQ:WULF] saw its stock jump 7.12% to $5.57. Over the last five days, the stock has lost -14.31%. TeraWulf Inc shares have fallen nearly -1.59% since the year began. Nevertheless, the stocks have risen 190.10% over the past one year. While a 52-week high of $9.30 was reached on 01/07/25, a 52-week low of $1.24 was recorded on 01/13/25. SMA at 50 days reached $6.88, while 200 days put it at $4.61.
Levels Of Support And Resistance For WULF Stock
The 24-hour chart illustrates a support level at 5.39, which if violated will result in even more drops to 5.20. On the upside, there is a resistance level at 5.80. A further resistance level may holdings at 6.02. The Relative Strength Index (RSI) on the 14-day chart is 43.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.09%. Stochastics %K at 21.06% indicates the stock is a holding.
How much short interest is there in TeraWulf Inc?
A steep rise in short interest was recorded in TeraWulf Inc stocks on 2024-12-31, growing by 3.21 million shares to a total of 59.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 56.53 million shares. There was a rise of 5.37%, which implies that there is a positive sentiment for the stock.
