TeraWulf Inc’s filing revealed 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 $2.16 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 Friday, TeraWulf Inc [NASDAQ:WULF] saw its stock jump 9.40% to $6.40. Over the last five days, the stock has gained 18.52%. TeraWulf Inc shares have risen nearly 13.07% since the year began. Nevertheless, the stocks have risen 349.12% over the past one year. While a 52-week high of $9.30 was reached on 01/17/25, 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 $4.66.
Levels Of Support And Resistance For WULF Stock
The 24-hour chart illustrates a support level at 6.08, which if violated will result in even more drops to 5.76. On the upside, there is a resistance level at 6.69. A further resistance level may holdings at 6.98. The Relative Strength Index (RSI) on the 14-day chart is 51.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.34%. Stochastics %K at 69.76% 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.
