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Investing in Nxu Inc (NXU) Is Getting More Attractive

Nxu Inc’s filing revealed that its Director Billingsley Jessica unloaded Company’s shares for reported $0.1 million on Nov 18 ’24. In the deal valued at $0.29 per share,353,871 shares were sold. As a result of this transaction, Billingsley Jessica now holds 443,787 shares worth roughly $0.11 million.

Then, Ide Britt E sold 271,022 shares, generating $70,899 in total proceeds. Upon selling the shares at $0.26, the Director now owns 461,454 shares.

Before that, Ide Britt E sold 68,978 shares. Nxu Inc shares valued at $21,477 were divested by the Director at a price of $0.31 per share. As a result of the transaction, Ide Britt E now holds 732,476 shares, worth roughly $0.18 million.

Price Performance Review of NXU

On Friday, Nxu Inc [NASDAQ:NXU] saw its stock fall -0.41% to $0.25. Over the last five days, the stock has lost -6.02%. Nxu Inc shares have fallen nearly -76.89% since the year began. Nevertheless, the stocks have fallen -71.18% over the past one year. While a 52-week high of $2.25 was reached on 01/06/25, a 52-week low of $0.21 was recorded on 01/31/25. SMA at 50 days reached $0.4489, while 200 days put it at $0.3720.

Levels Of Support And Resistance For NXU Stock

The 24-hour chart illustrates a support level at 0.2370, which if violated will result in even more drops to 0.2291. On the upside, there is a resistance level at 0.2514. A further resistance level may holdings at 0.2579. The Relative Strength Index (RSI) on the 14-day chart is 39.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0332, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.93%. Stochastics %K at 6.53% indicates the stock is a buying.

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