Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Innoviz Technologies Ltd shares valued at $15,300 were purchased by Cegla Eldar Mordechay on Dec 24 ’24. At $1.53 per share, Cegla Eldar Mordechay acquired 10,000 shares.
As published in a research note from Rosenblatt on December 20, 2024, Innoviz Technologies Ltd [INVZ] has been rated up from a Neutral to a Buy and the price target has been revised to $4. Analysts at Cantor Fitzgerald downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid November. As of July 11, 2024, Goldman has decreased its “Buy” rating to a “Neutral” for INVZ. Earlier on October 25, 2022, Rosenblatt initiated its rating. Their recommendation was “a Neutral” for INVZ stock.
Analyzing INVZ Stock Performance
During the last five days, there has been a drop of approximately -16.20%. Over the course of the year, Innoviz Technologies Ltd shares have dropped approximately -10.71%. Shares of the company reached a 52-week high of $3.1400 on 01/07/25 and a 52-week low of $1.3600 on 01/14/25. A 50-day SMA is recorded $1.2494, while a 200-day SMA reached $0.9572. Nevertheless, trading volume fell to 4.83 million shares from 4.15 million shares the previous day.
Support And Resistance Levels for Innoviz Technologies Ltd (INVZ)
According to the 24-hour chart, there is a support level at 1.4483, which, if violated, would cause prices to drop to 1.3967. In the upper region, resistance lies at 1.5683. The next price resistance is at 1.6367. RSI (Relative Strength Index) is 47.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1155, which suggests the price will decrease in the coming days. Percent R is at 78.13%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
