Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. XPeng Inc ADR shares valued at $3,859,257 were purchased by GGV (XPENG) LTD on Dec 18 ’24. At $12.71 per share, GGV (XPENG) LTD acquired 303,680 shares.
Also, GGV (XPENG) LTD purchased 303,681 shares, netting a total of over 3,897,472 in proceeds.
Before that, GGV (XPENG) LTD had added 408,506 shares to its account. In a trade valued at $3,480,471, the Affiliate bought XPeng Inc ADR shares for $8.52 each.
As published in a research note from UBS on December 05, 2024, XPeng Inc ADR [XPEV] has been rated down from a Neutral to a Sell. Analysts at China Renaissance upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late November. As of November 21, 2024, Goldman has decreased its “Buy” rating to a “Neutral” for XPEV. Earlier on September 05, 2024, JP Morgan upgraded its rating. Their new recommendation was “an Overweight” for XPEV stock which previously was a “a Neutral”.
Analyzing XPEV Stock Performance
During the last five days, there has been a surge of approximately 9.34%. Over the course of the year, XPeng Inc ADR shares have jumped approximately 31.73%. Shares of the company reached a 52-week high of $15.89 on 01/30/25 and a 52-week low of $11.14 on 01/02/25. A 50-day SMA is recorded $12.91, while a 200-day SMA reached $10.00. Nevertheless, trading volume fell to 10.26 million shares from 4.53 million shares the previous day.
Support And Resistance Levels for XPeng Inc ADR (XPEV)
According to the 24-hour chart, there is a support level at 14.96, which, if violated, would cause prices to drop to 14.34. In the upper region, resistance lies at 16.04. The next price resistance is at 16.50. RSI (Relative Strength Index) is 66.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.11, which suggests the price will increase in the coming days. Percent R is at 7.48%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.