KD Logo

Keeping an Eye on Reliance Global Group Inc (RELI) After Insider Trading Activity

Reliance Global Group Inc’s filing revealed that its Exec VP, Insurance Division Beyman Yaakov unloaded Company’s shares for reported $11407.0 on Dec 23 ’24. In the deal valued at $3.80 per share,3,001 shares were sold. As a result of this transaction, Beyman Yaakov now holds 6,667 shares worth roughly $14267.380000000001.

Then, Blumenfrucht Alex sold 5,236 shares, generating $19,321 in total proceeds. Upon selling the shares at $3.69, the Director now owns 484 shares.

Before that, Markovits Joel sold 27,000 shares. Reliance Global Group Inc shares valued at $18,976 were divested by the Chief Financial Officer at a price of $0.70 per share. As a result of the transaction, Markovits Joel now holds 184,338 shares, worth roughly $0.39 million.

Price Performance Review of RELI

On Friday, Reliance Global Group Inc [NASDAQ:RELI] saw its stock fall -0.47% to $2.14. Over the last five days, the stock has gained 10.88%. Reliance Global Group Inc shares have fallen nearly -17.05% since the year began. Nevertheless, the stocks have fallen -74.57% over the past one year. While a 52-week high of $18.53 was reached on 01/03/25, a 52-week low of $1.17 was recorded on 01/10/25. SMA at 50 days reached $1.88, while 200 days put it at $3.32.

Levels Of Support And Resistance For RELI Stock

The 24-hour chart illustrates a support level at 2.06, which if violated will result in even more drops to 1.98. On the upside, there is a resistance level at 2.22. A further resistance level may holdings at 2.30. The Relative Strength Index (RSI) on the 14-day chart is 49.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.67%. Stochastics %K at 26.67% indicates the stock is a holding.

How much short interest is there in Reliance Global Group Inc?

A steep rise in short interest was recorded in Reliance Global Group Inc stocks on 2024-12-31, growing by 0.17 million shares to a total of 0.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 43515.0 shares. There was a rise of 79.3%, which implies that there is a positive sentiment for the stock.

Most Popular