The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Society Pass Inc shares valued at $28,920 were purchased by Dunn Michael Paul JR on Feb 03 ’25. At $2.41 per share, Dunn Michael Paul JR acquired 12,000 shares. The insider’s holdings grew to 12,262 shares worth approximately $21826.36 following the completion of this transaction.
Also, Dunn Michael Paul JR sold 10,714 shares, netting a total of over 29,356 in proceeds. Following the sale of shares at $2.74 each, the insider now holds 262 shares.
As published in their initiating research note from Ascendiant Capital Markets on July 11, 2023, Society Pass Inc [SOPA] has been a Buy and the price target has been revised to $3.50.
Analyzing SOPA Stock Performance
During the last five days, there has been a surge of approximately 81.08%. Over the course of the year, Society Pass Inc shares have jumped approximately 98.22%. Shares of the company reached a 52-week high of $2.90 on 02/03/25 and a 52-week low of $0.86 on 01/17/25. A 50-day SMA is recorded $1.02, while a 200-day SMA reached $1.23. Nevertheless, trading volume fell to 0.76 million shares from 2.48 million shares the previous day.
Support And Resistance Levels for Society Pass Inc (SOPA)
According to the 24-hour chart, there is a support level at 1.56, which, if violated, would cause prices to drop to 1.35. In the upper region, resistance lies at 2.06. The next price resistance is at 2.35. RSI (Relative Strength Index) is 62.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.79, which suggests the price will decrease in the coming days. Percent R is at 54.90%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
