Nexalin Technology Inc’s filing revealed that its Chief Medical Officer Owens David acquired Company’s shares for reported $2980.0 on Feb 04 ’25. In the deal valued at $2.98 per share,1,000 shares were bought. As a result of this transaction, Owens David now holds 154,793 shares worth roughly $0.48 million.
Then, Owens David bought 1,500 shares, generating $4,050 in total proceeds. Upon buying the shares at $2.70, the Chief Medical Officer now owns 153,793 shares.
Before that, Owens David bought 2,000 shares. Nexalin Technology Inc shares valued at $5,000 were divested by the Chief Medical Officer at a price of $2.50 per share. As a result of the transaction, Owens David now holds 151,293 shares, worth roughly $0.47 million.
Price Performance Review of NXL
On Tuesday, Nexalin Technology Inc [NASDAQ:NXL] saw its stock jump 1.63% to $3.11. Over the last five days, the stock has gained 21.01%. Nexalin Technology Inc shares have risen nearly 12.68% since the year began. Nevertheless, the stocks have risen 701.75% over the past one year. While a 52-week high of $4.49 was reached on 01/02/25, a 52-week low of $0.25 was recorded on 01/28/25. SMA at 50 days reached $3.31, while 200 days put it at $1.86.
Levels Of Support And Resistance For NXL Stock
The 24-hour chart illustrates a support level at 2.92, which if violated will result in even more drops to 2.72. On the upside, there is a resistance level at 3.28. A further resistance level may holdings at 3.44. The Relative Strength Index (RSI) on the 14-day chart is 54.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.43%. Stochastics %K at 70.41% indicates the stock is a holding.
How much short interest is there in Nexalin Technology Inc?
A steep rise in short interest was recorded in Nexalin Technology Inc stocks on 2024-10-15, growing by 56028.0 shares to a total of 93398.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 37370.0 shares. There was a rise of 59.99%, which implies that there is a positive sentiment for the stock.
