Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CareCloud Inc shares valued at $19,350 were sold by DALY JOHN N on Dec 31 ’24. At $3.87 per share, DALY JOHN N sold 5,000 shares. The insider’s holdings dropped to 61,750 shares worth approximately $0.13 million following the completion of this transaction.
Also, JOHN N DALY purchased 5,000 shares, netting a total of over 19,374 in proceeds.
Before that, MUNTER CAMERON had sold 30,000 shares from its account. In a trade valued at $123,000, the Director traded CareCloud Inc shares for $4.10 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $0.34 million.
As published in a research note from ROTH MKM on November 13, 2024, CareCloud Inc [CCLD] has been rated down from a Buy to a Neutral and the price target has been revised to $3.50 from $5.
Analyzing CCLD Stock Performance
During the last five days, there has been a drop of approximately -34.88%. Over the course of the year, CareCloud Inc shares have dropped approximately -42.35%. Shares of the company reached a 52-week high of $4.75 on 02/10/25 and a 52-week low of $1.95 on 03/06/25. A 50-day SMA is recorded $3.52, while a 200-day SMA reached $2.84.
Support And Resistance Levels for CareCloud Inc (CCLD)
According to the 24-hour chart, there is a support level at 1.74, which, if violated, would cause prices to drop to 1.38. In the upper region, resistance lies at 2.68. The next price resistance is at 3.26. RSI (Relative Strength Index) is 26.71 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.62, which suggests the price will decrease in the coming days. Percent R is at 93.05%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
