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. TotalEnergies SE ADR shares valued at $4,502,833 were purchased by TotalEnergies SE on Mar 28 ’24. At $22.86 per share, TotalEnergies SE acquired 196,964 shares. The insider’s holdings grew to 295,235 shares worth approximately $17.99 million following the completion of this transaction.
As published in a research note from Morgan Stanley on January 07, 2025, TotalEnergies SE ADR [TTE] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $64.10 from $70.40. Analysts at RBC Capital Mkts upgraded the stock from ‘”a Sector perform”‘ to ‘”an Outperform”‘ outlook in a report released in early December. As of November 27, 2024, Exane BNP Paribas has decreased its “an Outperform” rating to a “Neutral” for TTE. Earlier on September 27, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for TTE stock.
Analyzing TTE Stock Performance
During the last five days, there has been a surge of approximately 3.73%. Over the course of the year, TotalEnergies SE ADR shares have jumped approximately 11.78%. Shares of the company reached a 52-week high of $61.33 on 02/06/25 and a 52-week low of $54.87 on 01/02/25. A 50-day SMA is recorded $56.95, while a 200-day SMA reached $65.15. Nevertheless, trading volume fell to 1.56 million shares from 1.86 million shares the previous day.
Support And Resistance Levels for TotalEnergies SE ADR (TTE)
According to the 24-hour chart, there is a support level at 60.55, which, if violated, would cause prices to drop to 60.18. In the upper region, resistance lies at 61.31. The next price resistance is at 61.69. RSI (Relative Strength Index) is 67.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.27, which suggests the price will increase in the coming days. Percent R is at 9.41%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
