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An Analysis of Huntsman Corp (HUN)’s Potential Price Growth

Huntsman Corp’s recently made public that its Director Beckerle Mary C unloaded Company’s shares for reported $0.43 million on Nov 06 ’24. In the deal valued at $21.42 per share,20,201 shares were sold. As a result of this transaction, Beckerle Mary C now holds 0 shares worth roughly $0.0.

Then, Beckerle Mary C bought 20,201 shares, generating $432,730 in total proceeds.

Before that, STRYKER DAVID M bought 2,500 shares. Huntsman Corp shares valued at $50,273 were divested by the Exec VP, GC and Sec at a price of $20.11 per share. As a result of the transaction, STRYKER DAVID M now holds 424,579 shares, worth roughly $7.51 million.

Alembic Global Advisors downgraded its Huntsman Corp [HUN] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early June from “an Underweight” to “an Overweight”. Wells Fargo also remained covering HUN and has increased its forecast on February 23, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Morgan Stanley revised its rating on December 11, 2023. It rated HUN as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of HUN

On Tuesday, Huntsman Corp [NYSE:HUN] saw its stock jump 0.80% to $17.69. Over the last five days, the stock has lost -0.62%. Huntsman Corp shares have fallen nearly -1.89% since the year began. Nevertheless, the stocks have fallen -32.43% over the past one year. While a 52-week high of $27.01 was reached on 02/20/25, a 52-week low of $15.67 was recorded on 02/03/25. SMA at 50 days reached $17.50, while 200 days put it at $21.21.

Levels Of Support And Resistance For HUN Stock

The 24-hour chart illustrates a support level at 17.51, which if violated will result in even more drops to 17.33. On the upside, there is a resistance level at 17.97. A further resistance level may holdings at 18.24. The Relative Strength Index (RSI) on the 14-day chart is 54.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.15%. Stochastics %K at 64.53% indicates the stock is a holding.

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