Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Arbe Robotics Ltd shares valued at $180,930 were purchased by Canaan Partners Israel (CPI) C on Jan 07 ’25. At $5.00 per share, Canaan Partners Israel (CPI) C acquired 36,186 shares.
Also, Machness Ram purchased 79,209 shares, netting a total of over 208,320 in proceeds.
Before that, Naeh Shay had added 63,649 shares to its account. In a trade valued at $167,397, the Officer bought Arbe Robotics Ltd shares for $2.63 each.
As published in a research note from Maxim Group on November 29, 2024, Arbe Robotics Ltd [ARBE] has been retained to a Buy and the price target has been revised to $3. Analysts at Maxim Group started covering the stock with ‘”a Buy”‘ outlook in a report released in early February. As of December 08, 2021, Cowen has reiterated its “an Outperform” rating for ARBE. Earlier on November 02, 2021, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for ARBE stock.
Analyzing ARBE Stock Performance
During the last five days, there has been a drop of approximately -15.73%. Over the course of the year, Arbe Robotics Ltd shares have jumped approximately 29.57%. Shares of the company reached a 52-week high of $5.09 on 01/07/25 and a 52-week low of $1.95 on 01/02/25. A 50-day SMA is recorded $2.22, while a 200-day SMA reached $2.00. Nevertheless, trading volume fell to 4.36 million shares from 5.42 million shares the previous day.
Support And Resistance Levels for Arbe Robotics Ltd (ARBE)
According to the 24-hour chart, there is a support level at 2.31, which, if violated, would cause prices to drop to 2.22. In the upper region, resistance lies at 2.56. The next price resistance is at 2.72. RSI (Relative Strength Index) is 46.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.37, which suggests the price will decrease in the coming days. Percent R is at 97.53%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
