Reborn Coffee Inc’s filing revealed that its Director Egidi Dennis R. acquired Company’s shares for reported $0.54 million on Sep 04 ’24. In the deal valued at $3.36 per share,161,000 shares were bought.
Price Performance Review of REBN
On Friday, Reborn Coffee Inc [NASDAQ:REBN] saw its stock jump 62.56% to $3.30. Over the last five days, the stock has gained 118.54%. Reborn Coffee Inc shares have risen nearly 98.80% since the year began. Nevertheless, the stocks have risen 10.37% over the past one year. While a 52-week high of $8.80 was reached on 01/31/25, a 52-week low of $0.92 was recorded on 01/14/25. SMA at 50 days reached $1.45, while 200 days put it at $3.05.
Levels Of Support And Resistance For REBN Stock
The 24-hour chart illustrates a support level at 1.93, which if violated will result in even more drops to 0.57. On the upside, there is a resistance level at 5.03. A further resistance level may holdings at 6.77. The Relative Strength Index (RSI) on the 14-day chart is 78.06, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.00%. Stochastics %K at 57.69% indicates the stock is a holding.
How much short interest is there in Reborn Coffee Inc?
A steep rise in short interest was recorded in Reborn Coffee Inc stocks on 2024-10-31, growing by 3940.0 shares to a total of 37619.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 33679.0 shares. There was a rise of 10.47%, which implies that there is a positive sentiment for the stock.
