American Battery Technology Company’s recent filing unveils that its Chief Resource Officer JOLCOVER SCOTT unloaded Company’s shares for reported $18500.0 on Nov 19 ’24. In the deal valued at $0.80 per share,23,125 shares were sold. As a result of this transaction, JOLCOVER SCOTT now holds 219,001 shares worth roughly $0.35 million.
Northland Capital initiated its American Battery Technology Company [ABAT] rating to an Outperform in a research note published on March 27, 2024; the price target was $6.
Price Performance Review of ABAT
On Friday, American Battery Technology Company [NASDAQ:ABAT] saw its stock jump 17.39% to $1.62. Over the last five days, the stock has gained 14.89%. American Battery Technology Company shares have fallen nearly -34.15% since the year began. Nevertheless, the stocks have fallen -42.14% over the past one year. While a 52-week high of $4.11 was reached on 01/06/25, a 52-week low of $0.73 was recorded on 01/27/25. SMA at 50 days reached $1.4953, while 200 days put it at $1.2156.
Levels Of Support And Resistance For ABAT Stock
The 24-hour chart illustrates a support level at 1.4567, which if violated will result in even more drops to 1.2933. On the upside, there is a resistance level at 1.7167. A further resistance level may holdings at 1.8133. The Relative Strength Index (RSI) on the 14-day chart is 48.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2021, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.77%. Stochastics %K at 22.05% indicates the stock is a holding.
How much short interest is there in American Battery Technology Company?
A steep rise in short interest was recorded in American Battery Technology Company stocks on 2024-10-31, dropping by -0.66 million shares to a total of 6.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 6.8 million shares. There was a decline of -10.83%, which implies that there is a negative sentiment for the stock.
