Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Imunon Inc shares valued at $29,480 were purchased by Braun Donald P on Aug 20 ’24. At $1.18 per share, Braun Donald P acquired 25,000 shares. The insider’s holdings grew to 25,597 shares worth approximately $22525.36 following the completion of this transaction.
Also, Lindborg Stacy purchased 25,000 shares, netting a total of over 24,500 in proceeds. Following the buying of shares at $0.98 each, the insider now holds 264,166 shares.
Before that, Tardugno Michael H had added 25,000 shares to its account. In a trade valued at $25,750, the Executive Chairman of Board bought Imunon Inc shares for $1.03 each. Upon closing the transaction, the insider’s holdings increased to 25,000 shares, worth approximately $0.31 million.
Analyzing IMNN Stock Performance
During the last five days, there has been a drop of approximately -0.55%. Over the course of the year, Imunon Inc shares have dropped approximately -6.84%. Shares of the company reached a 52-week high of $1.0800 on 01/03/25 and a 52-week low of $0.8100 on 02/19/25. A 50-day SMA is recorded $0.8897, while a 200-day SMA reached $1.0798. Nevertheless, trading volume fell to 0.89 million shares from 57100.0 shares the previous day.
Support And Resistance Levels for Imunon Inc (IMNN)
According to the 24-hour chart, there is a support level at 0.8285, which, if violated, would cause prices to drop to 0.7720. In the upper region, resistance lies at 0.9230. The next price resistance is at 0.9610. RSI (Relative Strength Index) is 47.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0113, which suggests the price will decrease in the coming days. Percent R is at 53.13%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
