Unusual Machines Inc’s filing revealed that its Director Thompson Jeffrey M unloaded Company’s shares for reported $0.51 million on Dec 03 ’24. In the deal valued at $12.65 per share,40,000 shares were sold. As a result of this transaction, Thompson Jeffrey M now holds 325,984 shares worth roughly $3.33 million.
Then, Jeffrey Murray Thompson bought 40,000 shares, generating $602,800 in total proceeds.
Before that, Lowry Robert Paul bought 32,895 shares. Unusual Machines Inc shares valued at $50,000 were divested by the Director at a price of $1.52 per share. As a result of the transaction, Lowry Robert Paul now holds 73,502 shares, worth roughly $0.75 million.
Maxim Group initiated its Unusual Machines Inc [UMAC] rating to a Buy in a research note published on December 18, 2024; the price target was $18.
Price Performance Review of UMAC
On Friday, Unusual Machines Inc [AMEX:UMAC] saw its stock fall -7.76% to $10.22. Over the last five days, the stock has lost -14.12%. Unusual Machines Inc shares have fallen nearly -39.24% since the year began. Nevertheless, the stocks have risen 306.36% over the past one year. While a 52-week high of $23.62 was reached on 01/03/25, a 52-week low of $0.98 was recorded on 02/21/25. SMA at 50 days reached $12.73, while 200 days put it at $4.85.
Levels Of Support And Resistance For UMAC Stock
The 24-hour chart illustrates a support level at 9.80, which if violated will result in even more drops to 9.38. On the upside, there is a resistance level at 10.97. A further resistance level may holdings at 11.72. The Relative Strength Index (RSI) on the 14-day chart is 39.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.52%. Stochastics %K at 14.24% indicates the stock is a buying.
