Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. UP Fintech Holding Ltd ADR shares valued at $1,528,800 were purchased by Dong Ming on Nov 13 ’24. At $5.88 per share, Dong Ming acquired 260,000 shares.
Also, Fang Lei purchased 200,000 shares, netting a total of over 916,000 in proceeds.
As published in their initiating research note from Deutsche Bank on January 02, 2025, UP Fintech Holding Ltd ADR [TIGR] has been a Buy and the price target has been revised to $9.40. Analysts at China Renaissance upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late October. As of October 23, 2024, Citigroup has decreased its “Buy” rating to a “Sell” for TIGR. Earlier on September 05, 2023, Daiwa Securities upgraded its rating. Their new recommendation was “a Buy” for TIGR stock which previously was a “a Neutral”.
Analyzing TIGR Stock Performance
During the last five days, there has been a surge of approximately 11.63%. Over the course of the year, UP Fintech Holding Ltd ADR shares have jumped approximately 6.97%. Shares of the company reached a 52-week high of $7.08 on 01/23/25 and a 52-week low of $5.64 on 01/13/25. A 50-day SMA is recorded $6.40, while a 200-day SMA reached $5.08. Nevertheless, trading volume fell to 5.82 million shares from 2.66 million shares the previous day.
Support And Resistance Levels for UP Fintech Holding Ltd ADR (TIGR)
According to the 24-hour chart, there is a support level at 6.55, which, if violated, would cause prices to drop to 6.18. In the upper region, resistance lies at 7.18. The next price resistance is at 7.44. RSI (Relative Strength Index) is 55.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.25, which suggests the price will decrease in the coming days. Percent R is at 11.76%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
