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. SES AI Corporation shares valued at $41,495 were purchased by JING NEALIS on Jan 16 ’25. At $0.83 per share, JING NEALIS acquired 50,000 shares.
Also, Nealis Jing sold 150,000 shares, netting a total of over 153,000 in proceeds. Following the sale of shares at $1.02 each, the insider now holds 1,935,322 shares.
Before that, JING NEALIS had added 150,000 shares to its account. In a trade valued at $106,500, the Officer bought SES AI Corporation shares for $0.71 each.
As of December 18, 2023, William Blair has initiated its “Mkt perform” rating for SES. Earlier on June 08, 2023, Wolfe Research downgraded its rating. Their new recommendation was “an Underperform” for SES stock which previously was a “a Peer perform”.
Analyzing SES Stock Performance
During the last five days, there has been a drop of approximately -32.90%. Over the course of the year, SES AI Corporation shares have dropped approximately -52.51%. Shares of the company reached a 52-week high of $2.5300 on 01/06/25 and a 52-week low of $0.7512 on 01/14/25. A 50-day SMA is recorded $0.7341, while a 200-day SMA reached $1.0078. Nevertheless, trading volume fell to 45.78 million shares from 49.11 million shares the previous day.
Support And Resistance Levels for SES AI Corporation (SES)
According to the 24-hour chart, there is a support level at 0.8312, which, if violated, would cause prices to drop to 0.6224. In the upper region, resistance lies at 1.1819. The next price resistance is at 1.3238. RSI (Relative Strength Index) is 48.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.7354, which suggests the price will decrease in the coming days. Percent R is at 83.76%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
