SatixFy Communications Ltd’s recently made public that its Officer Rainish Doron acquired Company’s shares for reported $61675.0 on Dec 30 ’24. In the deal valued at $1.23 per share,50,000 shares were bought.
Then, Rainish Doron bought 50,000 shares, generating $46,000 in total proceeds.
Price Performance Review of SATX
On Tuesday, SatixFy Communications Ltd [AMEX:SATX] saw its stock jump 64.17% to $1.97. Over the last five days, the stock has gained 43.80%. SatixFy Communications Ltd shares have risen nearly 28.76% since the year began. Nevertheless, the stocks have risen 216.77% over the past one year. While a 52-week high of $2.39 was reached on 01/06/25, a 52-week low of $0.50 was recorded on 03/04/25. SMA at 50 days reached $1.2732, while 200 days put it at $0.9404.
Levels Of Support And Resistance For SATX Stock
The 24-hour chart illustrates a support level at 1.9433, which if violated will result in even more drops to 1.9167. On the upside, there is a resistance level at 2.0033. A further resistance level may holdings at 2.0367. The Relative Strength Index (RSI) on the 14-day chart is 69.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0905, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 4.35%. Stochastics %K at 49.69% indicates the stock is a holding.
How much short interest is there in SatixFy Communications Ltd?
A steep rise in short interest was recorded in SatixFy Communications Ltd stocks on 2025-03-14, growing by 60649.0 shares to a total of 70015.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9366.0 shares. There was a rise of 86.62%, which implies that there is a positive sentiment for the stock.
