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Recent Insider Activity Could Benefit American Battery Technology Company (ABAT)

American Battery Technology Company’s recently made public that its Chief Resource Officer JOLCOVER SCOTT unloaded Company’s shares for reported $18500.0 on Nov 19 ’24. In the deal valued at $0.80 per share,23,125 shares were sold. As a result of this transaction, JOLCOVER SCOTT now holds 219,001 shares worth roughly $0.23 million.

Northland Capital initiated its American Battery Technology Company [ABAT] rating to an Outperform in a research note published on March 27, 2024; the price target was $6.

Price Performance Review of ABAT

On Tuesday, American Battery Technology Company [NASDAQ:ABAT] saw its stock jump 4.95% to $1.06. Over the last five days, the stock has gained 1.92%. American Battery Technology Company shares have fallen nearly -56.91% since the year began. Nevertheless, the stocks have fallen -46.46% over the past one year. While a 52-week high of $4.11 was reached on 01/06/25, a 52-week low of $0.73 was recorded on 03/04/25. SMA at 50 days reached $1.2703, while 200 days put it at $1.1690.

Levels Of Support And Resistance For ABAT Stock

The 24-hour chart illustrates a support level at 1.0200, which if violated will result in even more drops to 0.9800. On the upside, there is a resistance level at 1.1000. A further resistance level may holdings at 1.1400. The Relative Strength Index (RSI) on the 14-day chart is 47.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0161, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.33%. Stochastics %K at 57.74% indicates the stock is a holding.

How much short interest is there in American Battery Technology Company?

A steep rise in short interest was recorded in American Battery Technology Company stocks on 2025-03-14, dropping by -0.33 million shares to a total of 6.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.55 million shares. There was a decline of -5.27%, which implies that there is a negative sentiment for the stock.

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