Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. TeraWulf Inc shares valued at $227,137 were sold by Deane Kenneth J on Jun 07 ’24. At $3.25 per share, Deane Kenneth J sold 69,996 shares. The insider’s holdings dropped to 337,245 shares worth approximately $1.69 million following the completion of this transaction.
As published in their initiating research note from Keefe Bruyette on January 08, 2025, TeraWulf Inc [WULF] has been a Mkt perform. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in early September. Earlier on July 02, 2024, ROTH MKM initiated its rating. Their recommendation was “a Buy” for WULF stock.
Analyzing WULF Stock Performance
During the last five days, there has been a drop of approximately -18.93%. Over the course of the year, TeraWulf Inc shares have dropped approximately -11.48%. Shares of the company reached a 52-week high of $6.98 on 01/24/25 and a 52-week low of $4.13 on 01/27/25. A 50-day SMA is recorded $6.51, while a 200-day SMA reached $4.79. Nevertheless, trading volume fell to 57.25 million shares from 73.27 million shares the previous day.
Support And Resistance Levels for TeraWulf Inc (WULF)
According to the 24-hour chart, there is a support level at 4.80, which, if violated, would cause prices to drop to 4.59. In the upper region, resistance lies at 5.20. The next price resistance is at 5.39. RSI (Relative Strength Index) is 42.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.78, which suggests the price will decrease in the coming days. Percent R is at 69.12%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
