Mullen Automotive Inc’s recently made public that its Director WINTER MARY unloaded Company’s shares for reported $90174.0 on Jan 25 ’24. In the deal valued at $678.00 per share,133 shares were sold. As a result of this transaction, WINTER MARY now holds 1 shares worth roughly $0.46.
Then, NOVOA IGNACIO sold 134 shares, generating $89,326 in total proceeds. Upon selling the shares at $666.61, the Director now owns 1 shares.
Before that, NOVOA IGNACIO sold 1 shares. Mullen Automotive Inc shares valued at $469 were divested by the Director at a price of $469.00 per share. As a result of the transaction, NOVOA IGNACIO now holds 0 shares, worth roughly $0.0.
Price Performance Review of MULN
On Tuesday, Mullen Automotive Inc [NASDAQ:MULN] saw its stock fall -9.14% to $0.46. Over the last five days, the stock has lost -51.90%. Mullen Automotive Inc shares have fallen nearly -61.74% since the year began. Nevertheless, the stocks have fallen -99.96% over the past one year. While a 52-week high of $1204.99 was reached on 01/02/25, a 52-week low of $0.36 was recorded on 01/13/25. SMA at 50 days reached $1.8186, while 200 days put it at $153.9841.
Levels Of Support And Resistance For MULN Stock
The 24-hour chart illustrates a support level at 0.4161, which if violated will result in even more drops to 0.3730. On the upside, there is a resistance level at 0.5061. A further resistance level may holdings at 0.5530. The Relative Strength Index (RSI) on the 14-day chart is 24.23, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.4087, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.03%. Stochastics %K at 8.11% indicates the stock is a buying.
How much short interest is there in Mullen Automotive Inc?
A steep rise in short interest was recorded in Mullen Automotive Inc stocks on 2024-12-31, growing by 1.37 million shares to a total of 3.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.63 million shares. There was a rise of 45.73%, which implies that there is a positive sentiment for the stock.
