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A company insider recently bought 5,000 shares of EON Resources Inc [EONR]. Should You Buy?

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. EON Resources Inc shares valued at $2,789 were purchased by Trotter Mitchell on Mar 19 ’25. At $0.56 per share, Trotter Mitchell acquired 5,000 shares. The insider’s holdings grew to 39,398 shares worth approximately $24426.76 following the completion of this transaction.

Also, Salvucci Joseph V Sr purchased 46,429 shares, netting a total of over 24,774 in proceeds. Following the buying of shares at $0.53 each, the insider now holds 1,315,750 shares.

Before that, Salvucci Joseph V Sr had added 95,959 shares to its account. In a trade valued at $47,784, the Director bought EON Resources Inc shares for $0.50 each. Upon closing the transaction, the insider’s holdings increased to 95,959 shares, worth approximately $0.79 million.

Analyzing EONR Stock Performance

During the last five days, there has been a surge of approximately 68.94%. Over the course of the year, EON Resources Inc shares have dropped approximately -24.37%. Shares of the company reached a 52-week high of $1.9000 on 01/21/25 and a 52-week low of $0.3510 on 03/14/25. A 50-day SMA is recorded $0.7342, while a 200-day SMA reached $1.3800.

Support And Resistance Levels for EON Resources Inc (EONR)

According to the 24-hour chart, there is a support level at 0.5367, which, if violated, would cause prices to drop to 0.4533. In the upper region, resistance lies at 0.6667. The next price resistance is at 0.7133. RSI (Relative Strength Index) is 56.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0818, which suggests the price will decrease in the coming days. Percent R is at 3.58%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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