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An Analysis of Complete Solaria Inc (CSLR)’s Potential Price Growth

In a filing, Complete Solaria Inc revealed its 10% Owner CRSEF Solis Holdings, L.L.C. acquired Company’s shares for reported $2.73 million on Jan 08 ’25. In the deal valued at $1.76 per share,1,551,350 shares were bought.

Then, Gishen Adam sold 70,000 shares, generating $185,000 in total proceeds. Upon selling the shares at $2.64, the Director now owns 267,742 shares.

Before that, Gishen Adam sold 100,000 shares. Complete Solaria Inc shares valued at $160,000 were divested by the Director at a price of $1.60 per share. As a result of the transaction, Gishen Adam now holds 167,742 shares, worth roughly $0.28 million.

Cantor Fitzgerald initiated its Complete Solaria Inc [CSLR] rating to an Overweight in a research note published on January 08, 2024; the price target was $6.

Price Performance Review of CSLR

On Friday, Complete Solaria Inc [NASDAQ:CSLR] saw its stock jump 0.60% to $1.67. Complete Solaria Inc shares have fallen nearly -6.70% since the year began. Nevertheless, the stocks have risen 27.48% over the past one year. While a 52-week high of $3.37 was reached on 01/07/25, a 52-week low of $0.20 was recorded on 01/21/25. SMA at 50 days reached $1.7432, while 200 days put it at $1.7541.

Levels Of Support And Resistance For CSLR Stock

The 24-hour chart illustrates a support level at 1.6249, which if violated will result in even more drops to 1.5797. On the upside, there is a resistance level at 1.7226. A further resistance level may holdings at 1.7751. The Relative Strength Index (RSI) on the 14-day chart is 45.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0812, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.07%. Stochastics %K at 20.76% indicates the stock is a holding.

How much short interest is there in Complete Solaria Inc?

A steep rise in short interest was recorded in Complete Solaria Inc stocks on 2025-01-31, growing by 0.69 million shares to a total of 2.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.55 million shares. There was a rise of 30.77%, which implies that there is a positive sentiment for the stock.

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