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Understanding the Risks of Investing in Greenwave Technology Solutions Inc (GWAV)

Greenwave Technology Solutions Inc’s filing revealed that its Director ADELMAN JASON T unloaded Company’s shares for reported $25000.0 on Feb 28 ’25. In the deal valued at $0.25 per share,100,000 shares were sold. As a result of this transaction, ADELMAN JASON T now holds 300,000 shares worth roughly $72000.0.

Then, ADELMAN JASON T bought 100,000 shares, generating $66,000 in total proceeds. Upon buying the shares at $0.66, the Director now owns 400,000 shares.

Before that, SICIGNANO HENRY III bought 100,000 shares. Greenwave Technology Solutions Inc shares valued at $65,900 were divested by the Director at a price of $0.66 per share. As a result of the transaction, SICIGNANO HENRY III now holds 400,000 shares, worth roughly $96000.0.

Price Performance Review of GWAV

On Friday, Greenwave Technology Solutions Inc [NASDAQ:GWAV] saw its stock fall -0.37% to $0.24. Over the last five days, the stock has lost -15.29%. Greenwave Technology Solutions Inc shares have fallen nearly -65.54% since the year began. Nevertheless, the stocks have fallen -98.80% over the past one year. While a 52-week high of $44.47 was reached on 01/03/25, a 52-week low of $0.23 was recorded on 03/28/25. SMA at 50 days reached $0.3257, while 200 days put it at $0.6527.

Levels Of Support And Resistance For GWAV Stock

The 24-hour chart illustrates a support level at 0.2250, which if violated will result in even more drops to 0.2077. On the upside, there is a resistance level at 0.2545. A further resistance level may holdings at 0.2667. The Relative Strength Index (RSI) on the 14-day chart is 36.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0334, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.82%. Stochastics %K at 11.99% indicates the stock is a buying.

How much short interest is there in Greenwave Technology Solutions Inc?

A steep rise in short interest was recorded in Greenwave Technology Solutions Inc stocks on 2025-03-14, growing by 0.49 million shares to a total of 3.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.56 million shares. There was a rise of 16.04%, which implies that there is a positive sentiment for the stock.

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