Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CVR Energy Inc shares valued at $16,027,369 were purchased by ICAHN CARL C on Jan 08 ’25. At $18.25 per share, ICAHN CARL C acquired 878,212 shares. The insider’s holdings grew to 67,570,593 shares worth approximately $1.29 billion following the completion of this transaction.
As published in a research note from Tudor Pickering Holt & Co. on September 09, 2024, CVR Energy Inc [CVI] has been rated down from a Hold to a Sell. Analysts at Mizuho started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid July. As of January 16, 2024, Scotiabank has decreased its “Sector perform” rating to a “Sector underperform” for CVI. Earlier on March 09, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for CVI stock.
Analyzing CVI Stock Performance
During the last five days, there has been a drop of approximately -10.39%. Over the course of the year, CVR Energy Inc shares have jumped approximately 1.76%. Shares of the company reached a 52-week high of $21.67 on 01/16/25 and a 52-week low of $17.99 on 01/07/25. A 50-day SMA is recorded $19.21, while a 200-day SMA reached $24.03. Nevertheless, trading volume fell to 0.92 million shares from 0.89 million shares the previous day.
Support And Resistance Levels for CVR Energy Inc (CVI)
According to the 24-hour chart, there is a support level at 18.54, which, if violated, would cause prices to drop to 18.01. In the upper region, resistance lies at 19.81. The next price resistance is at 20.55. RSI (Relative Strength Index) is 44.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.03, which suggests the price will decrease in the coming days. Percent R is at 84.97%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
