Trio Petroleum Corp’s recently made public that its Director PERNICE THOMAS J unloaded Company’s shares for reported $2162.0 on Jan 15 ’25. In the deal valued at $1.73 per share,1,250 shares were sold. As a result of this transaction, PERNICE THOMAS J now holds 17,750 shares worth roughly $32660.0.
Then, PERNICE THOMAS J sold 2,750 shares, generating $2,981 in total proceeds. Upon selling the shares at $1.08, the Director now owns 19,000 shares.
Before that, PERNICE THOMAS J sold 25,000 shares. Trio Petroleum Corp shares valued at $3,838 were divested by the Director at a price of $0.15 per share. As a result of the transaction, PERNICE THOMAS J now holds 195,000 shares, worth roughly $0.36 million.
Price Performance Review of TPET
On Monday, Trio Petroleum Corp [AMEX:TPET] saw its stock jump 4.55% to $1.84. Over the last five days, the stock has gained 5.75%. Trio Petroleum Corp shares have risen nearly 52.07% since the year began. Nevertheless, the stocks have fallen -58.18% over the past one year. While a 52-week high of $14.39 was reached on 01/21/25, a 52-week low of $0.79 was recorded on 01/06/25. SMA at 50 days reached $1.3876, while 200 days put it at $4.0663.
Levels Of Support And Resistance For TPET Stock
The 24-hour chart illustrates a support level at 1.7233, which if violated will result in even more drops to 1.6067. On the upside, there is a resistance level at 1.9933. A further resistance level may holdings at 2.1467. The Relative Strength Index (RSI) on the 14-day chart is 52.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0976, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.03%. Stochastics %K at 17.62% indicates the stock is a buying.
How much short interest is there in Trio Petroleum Corp?
A steep rise in short interest was recorded in Trio Petroleum Corp stocks on 2024-12-31, growing by 79438.0 shares to a total of 0.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.21 million shares. There was a rise of 27.37%, which implies that there is a positive sentiment for the stock.
