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. DarioHealth Corp shares valued at $4,546 were purchased by Nelson Steven Charles on Nov 12 ’24. At $0.91 per share, Nelson Steven Charles acquired 5,000 shares. The insider’s holdings grew to 55,000 shares worth approximately $36300.0 following the completion of this transaction.
Also, Nelson Steven Charles purchased 5,000 shares, netting a total of over 4,221 in proceeds. Following the buying of shares at $0.84 each, the insider now holds 45,000 shares.
Before that, Nelson Steven Charles had added 5,000 shares to its account. In a trade valued at $4,022, the Chief Commercial Officer bought DarioHealth Corp shares for $0.80 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $33000.0.
As published in a research note from TD Cowen on January 29, 2025, DarioHealth Corp [DRIO] has been rated down from a Buy to a Hold and the price target has been revised to $1 from $2. Analysts at Alliance Global Partners upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid May. As of April 22, 2021, Cowen has initiated its “an Outperform” rating for DRIO. Earlier on March 23, 2021, Stifel initiated its rating. Their recommendation was “a Buy” for DRIO stock.
Analyzing DRIO Stock Performance
During the last five days, there has been a drop of approximately -13.20%. Over the course of the year, DarioHealth Corp shares have dropped approximately -16.65%. Shares of the company reached a 52-week high of $1.5500 on 01/07/25 and a 52-week low of $0.5600 on 01/29/25. A 50-day SMA is recorded $0.7672, while a 200-day SMA reached $1.0569. Nevertheless, trading volume fell to 0.75 million shares from 0.34 million shares the previous day.
Support And Resistance Levels for DarioHealth Corp (DRIO)
According to the 24-hour chart, there is a support level at 0.5801, which, if violated, would cause prices to drop to 0.5051. In the upper region, resistance lies at 0.7101. The next price resistance is at 0.7651. RSI (Relative Strength Index) is 44.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0589, which suggests the price will decrease in the coming days. Percent R is at 88.39%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
