The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. LyondellBasell Industries NV shares valued at $380,300 were purchased by Buchanan Robin W.T. on Dec 13 ’24. At $76.06 per share, Buchanan Robin W.T. acquired 5,000 shares. The insider’s holdings grew to 18,175 shares worth approximately $1.39 million following the completion of this transaction.
Also, Friedrichs Dale D sold 4,970 shares, netting a total of over 480,997 in proceeds. Following the sale of shares at $96.78 each, the insider now holds 34,220 shares.
Before that, DALE FRIEDRICHS had added 4,970 shares to its account. In a trade valued at $480,997, the Officer bought LyondellBasell Industries NV shares for $96.78 each.
As published in a research note from Piper Sandler on January 07, 2025, LyondellBasell Industries NV [LYB] has been rated down from an Overweight to a Neutral and the price target has been revised to $95 from $112. Analysts at Wolfe Research started covering the stock with ‘”an Underperform”‘ outlook in a report released in early March. As of February 05, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for LYB. Earlier on January 10, 2024, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for LYB stock which previously was a “a Buy”.
Analyzing LYB Stock Performance
During the last five days, there has been a surge of approximately 0.01%. Over the course of the year, LyondellBasell Industries NV shares have jumped approximately 2.61%. Shares of the company reached a 52-week high of $79.39 on 01/28/25 and a 52-week low of $72.21 on 01/08/25. A 50-day SMA is recorded $75.81, while a 200-day SMA reached $88.08.
Support And Resistance Levels for LyondellBasell Industries NV (LYB)
According to the 24-hour chart, there is a support level at 74.85, which, if violated, would cause prices to drop to 73.48. In the upper region, resistance lies at 77.10. The next price resistance is at 77.99. RSI (Relative Strength Index) is 49.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.09, which suggests the price will decrease in the coming days. Percent R is at 40.77%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
