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Keeping an Eye on Couchbase Inc (BASE) After Insider Trading Activity

In a filing, Couchbase Inc revealed its Officer MARGARET CHOW acquired Company’s shares for reported $0.71 million on Feb 04 ’25. In the deal valued at $17.66 per share,40,082 shares were bought.

Then, THE HENRY FAMILY TRUST bought 9,820 shares, generating $174,207 in total proceeds.

Before that, MARGARET CHOW bought 15,254 shares. Couchbase Inc shares valued at $270,606 were divested by the Officer at a price of $17.74 per share.

Truist initiated its Couchbase Inc [BASE] rating to a Buy in a research note published on December 12, 2024; the price target was $21. Barclays also remained covering BASE and has increased its forecast on October 07, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Piper Sandler started covering the stock on August 16, 2024. It rated BASE as “an Overweight”.

Price Performance Review of BASE

On Tuesday, Couchbase Inc [NASDAQ:BASE] saw its stock jump 3.91% to $18.35. Over the last five days, the stock has gained 0.47%. Couchbase Inc shares have risen nearly 17.70% since the year began. Nevertheless, the stocks have fallen -29.91% over the past one year. While a 52-week high of $32.00 was reached on 02/04/25, a 52-week low of $13.53 was recorded on 01/02/25. SMA at 50 days reached $17.06, while 200 days put it at $18.52.

Levels Of Support And Resistance For BASE Stock

The 24-hour chart illustrates a support level at 17.85, which if violated will result in even more drops to 17.36. On the upside, there is a resistance level at 18.71. A further resistance level may holdings at 19.08. The Relative Strength Index (RSI) on the 14-day chart is 65.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.67%. Stochastics %K at 79.27% indicates the stock is a holding.

How much short interest is there in Couchbase Inc?

A steep rise in short interest was recorded in Couchbase Inc stocks on 2024-11-15, growing by 26990.0 shares to a total of 1.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.38 million shares. There was a rise of 1.92%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 26, 2024 when Needham began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.

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