Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Talen Energy Corp shares valued at $999,999,900 were sold by Rubric Capital Management LP on Dec 13 ’24. At $204.35 per share, Rubric Capital Management LP sold 4,893,507 shares. The insider’s holdings dropped to 6,475,107 shares worth approximately $1.41 billion following the completion of this transaction.
As published in their initiating research note from Evercore ISI on February 21, 2025, Talen Energy Corp [TLN] has been an Outperform. Analysts at BofA Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in early February. As of December 04, 2024, Daiwa Securities has initiated its “Buy” rating for TLN. Earlier on October 17, 2024, JP Morgan initiated its rating. Their recommendation was “an Overweight” for TLN stock.
Analyzing TLN Stock Performance
During the last five days, there has been a drop of approximately -12.33%. Over the course of the year, Talen Energy Corp shares have jumped approximately 8.06%. Shares of the company reached a 52-week high of $258.03 on 01/23/25 and a 52-week low of $187.00 on 01/27/25. A 50-day SMA is recorded $221.43, while a 200-day SMA reached $168.73. Nevertheless, trading volume fell to 1.11 million shares from 1.59 million shares the previous day.
Support And Resistance Levels for Talen Energy Corp (TLN)
According to the 24-hour chart, there is a support level at 212.82, which, if violated, would cause prices to drop to 207.93. In the upper region, resistance lies at 225.06. The next price resistance is at 232.41. RSI (Relative Strength Index) is 43.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -18.33, which suggests the price will decrease in the coming days. Percent R is at 61.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
