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GWAV (Greenwave Technology Solutions Inc) may reap gains as insiders became active recently

CHWY Stock

Greenwave Technology Solutions Inc’s filing revealed that its Director ADELMAN JASON T acquired Company’s shares for reported $66000.0 on Dec 04 ’24. In the deal valued at $0.66 per share,100,000 shares were bought. As a result of this transaction, ADELMAN JASON T now holds 400,000 shares worth roughly $ 0.13 million.

Then, SICIGNANO HENRY III bought 100,000 shares, generating $65,900 in total proceeds. Upon buying the shares at $0.66, the Director now owns 400,000 shares.

Before that, Meeks Danny bought 377,002 shares. Greenwave Technology Solutions Inc shares valued at $248,821 were divested by the Chief Executive Officer at a price of $0.66 per share. As a result of the transaction, Meeks Danny now holds 2,122,695 shares, worth roughly $0.7 million.

Price Performance Review of GWAV

On Friday, Greenwave Technology Solutions Inc [NASDAQ:GWAV] saw its stock fall -3.60% to $0.33. Over the last five days, the stock has gained 0.21%. Greenwave Technology Solutions Inc shares have fallen nearly -52.42% since the year began. Nevertheless, the stocks have fallen -99.75% over the past one year. While a 52-week high of $135.01 was reached on 01/03/25, a 52-week low of $0.28 was recorded on 02/07/25. SMA at 50 days reached $0.5496, while 200 days put it at $1.9801.

Levels Of Support And Resistance For GWAV Stock

The 24-hour chart illustrates a support level at 0.3266, which if violated will result in even more drops to 0.3189. On the upside, there is a resistance level at 0.3442. A further resistance level may holdings at 0.3541. The Relative Strength Index (RSI) on the 14-day chart is 39.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0312, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.18%. Stochastics %K at 14.44% indicates the stock is a buying.

How much short interest is there in Greenwave Technology Solutions Inc?

A steep rise in short interest was recorded in Greenwave Technology Solutions Inc stocks on 2025-01-31, dropping by -0.52 million shares to a total of 0.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.29 million shares. There was a decline of -67.19%, which implies that there is a negative sentiment for the stock.

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