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. Greenwave Technology Solutions Inc shares valued at $25,000 were sold by ADELMAN JASON T on Feb 28 ’25. At $0.25 per share, ADELMAN JASON T sold 100,000 shares. The insider’s holdings dropped to 300,000 shares worth approximately $81000.0 following the completion of this transaction.
Also, ADELMAN JASON T purchased 100,000 shares, netting a total of over 66,000 in proceeds. Following the buying of shares at $0.66 each, the insider now holds 400,000 shares.
Before that, SICIGNANO HENRY III had added 100,000 shares to its account. In a trade valued at $65,900, the Director bought Greenwave Technology Solutions Inc shares for $0.66 each. Upon closing the transaction, the insider’s holdings increased to 100,000 shares, worth approximately $0.11 million.
Analyzing GWAV Stock Performance
During the last five days, there has been a surge of approximately 0.97%. Over the course of the year, Greenwave Technology Solutions Inc shares have dropped approximately -61.58%. Shares of the company reached a 52-week high of $0.8100 on 01/03/25 and a 52-week low of $0.2333 on 03/04/25. A 50-day SMA is recorded $0.4428, while a 200-day SMA reached $1.4746.
Support And Resistance Levels for Greenwave Technology Solutions Inc (GWAV)
According to the 24-hour chart, there is a support level at 0.2567, which, if violated, would cause prices to drop to 0.2433. In the upper region, resistance lies at 0.2812. The next price resistance is at 0.2923. RSI (Relative Strength Index) is 36.39 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0252, which suggests the price will decrease in the coming days. Percent R is at 71.98%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
