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H.C. Wainwright analysts reiterates a Buy rating for Microbot Medical Inc (MBOT)

As this happened, H.C. Wainwright reiterated its Microbot Medical Inc [MBOT] rating to a Buy in a research note published on January 13, 2020; the price target was $26. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in late December has reiterated a ‘”a Buy”‘ rating for it. Ladenburg Thalmann began covering MBOT with “Buy” recommendation on January 31, 2018.

Price Performance Review of MBOT

On Friday, Microbot Medical Inc [NASDAQ:MBOT] saw its stock fall -0.54% to $1.84. Over the last five days, the stock has lost -9.36%. Microbot Medical Inc shares have risen nearly 64.29% since the year began. Nevertheless, the stocks have risen 39.39% over the past one year. While a 52-week high of $3.38 was reached on 01/06/25, a 52-week low of $0.82 was recorded on 01/02/25. SMA at 50 days reached $1.3660, while 200 days put it at $1.0768.

Levels Of Support And Resistance For MBOT Stock

The 24-hour chart illustrates a support level at 1.7400, which if violated will result in even more drops to 1.6400. On the upside, there is a resistance level at 1.9750. A further resistance level may holdings at 2.1100. The Relative Strength Index (RSI) on the 14-day chart is 54.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0057, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.89%. Stochastics %K at 41.06% indicates the stock is a holding.

How much short interest is there in Microbot Medical Inc?

A steep rise in short interest was recorded in Microbot Medical Inc stocks on 2024-10-31, growing by 0.25 million shares to a total of 0.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.32 million shares. There was a rise of 43.62%, which implies that there is a positive sentiment for the stock.

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