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The Potential Rise in the Price of CareCloud Inc (CCLD) following insiders activity

CareCloud Inc’s recent filing unveils that its Director DALY JOHN N unloaded Company’s shares for reported $19350.0 on Dec 31 ’24. In the deal valued at $3.87 per share,5,000 shares were sold. As a result of this transaction, DALY JOHN N now holds 61,750 shares worth roughly $98800.0.

Then, JOHN N DALY bought 5,000 shares, generating $19,374 in total proceeds.

Before that, MUNTER CAMERON sold 30,000 shares. CareCloud Inc shares valued at $123,000 were divested by the Director at a price of $4.10 per share. As a result of the transaction, MUNTER CAMERON now holds 159,000 shares, worth roughly $0.25 million.

ROTH MKM downgraded its CareCloud Inc [CCLD] rating to a Neutral from a a Buy in a research note published on November 13, 2024; the price target was decreased to $3.50 from $5.

Price Performance Review of CCLD

On Tuesday, CareCloud Inc [NASDAQ:CCLD] saw its stock fall -4.76% to $1.60. Over the last five days, the stock has lost -46.49%. CareCloud Inc shares have fallen nearly -56.28% since the year began. Nevertheless, the stocks have risen 20.30% over the past one year. While a 52-week high of $4.84 was reached on 02/10/25, a 52-week low of $1.01 was recorded on 03/10/25. SMA at 50 days reached $3.4009, while 200 days put it at $2.8228.

Levels Of Support And Resistance For CCLD Stock

The 24-hour chart illustrates a support level at 1.5567, which if violated will result in even more drops to 1.5133. On the upside, there is a resistance level at 1.6567. A further resistance level may holdings at 1.7133. The Relative Strength Index (RSI) on the 14-day chart is 22.88, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.2115, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.19%. Stochastics %K at 4.28% indicates the stock is a buying.

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