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A Guide To The Risks Of Investing In Nxu Inc (NXU)

Nxu Inc’s recent filing unveils that its Director Billingsley Jessica unloaded Company’s shares for reported $0.1 million on Nov 18 ’24. In the deal valued at $0.29 per share,353,871 shares were sold. As a result of this transaction, Billingsley Jessica now holds 443,787 shares worth roughly $0.12 million.

Then, Ide Britt E sold 271,022 shares, generating $70,899 in total proceeds. Upon selling the shares at $0.26, the Director now owns 461,454 shares.

Before that, Ide Britt E sold 68,978 shares. Nxu Inc shares valued at $21,477 were divested by the Director at a price of $0.31 per share. As a result of the transaction, Ide Britt E now holds 732,476 shares, worth roughly $0.2 million.

Price Performance Review of NXU

On Monday, Nxu Inc [NASDAQ:NXU] saw its stock fall -12.96% to $0.27. Over the last five days, the stock has lost -23.82%. Nxu Inc shares have fallen nearly -74.54% since the year began. Nevertheless, the stocks have fallen -73.28% over the past one year. While a 52-week high of $2.25 was reached on 01/06/25, a 52-week low of $0.21 was recorded on 01/31/25. SMA at 50 days reached $0.4316, while 200 days put it at $0.3864.

Levels Of Support And Resistance For NXU Stock

The 24-hour chart illustrates a support level at 0.2416, which if violated will result in even more drops to 0.2134. On the upside, there is a resistance level at 0.3065. A further resistance level may holdings at 0.3432. The Relative Strength Index (RSI) on the 14-day chart is 41.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0458, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.14%. Stochastics %K at 19.43% indicates the stock is a buying.

How much short interest is there in Nxu Inc?

A steep rise in short interest was recorded in Nxu Inc stocks on 2024-10-31, growing by 1.56 million shares to a total of 1.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.21 million shares. There was a rise of 88.02%, which implies that there is a positive sentiment for the stock.

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