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Understanding the Risks of Investing in SUNation Energy Inc (SUNE)

SUNation Energy Inc’s recent filing unveils that its Director Lacey Roger HD acquired Company’s shares for reported $4764.0 on Dec 11 ’24. In the deal valued at $2.84 per share,1,680 shares were bought. As a result of this transaction, Lacey Roger HD now holds 2,000 shares worth roughly $440.0.

Then, Brennan James Robert bought 2,000 shares, generating $5,620 in total proceeds. Upon buying the shares at $2.81, the Chief Operating Officer now owns 2,731 shares.

Before that, Maskin Scott bought 3,500 shares. SUNation Energy Inc shares valued at $9,835 were divested by the Director at a price of $2.81 per share. As a result of the transaction, Maskin Scott now holds 4,590 shares, worth roughly $1009.8.

Price Performance Review of SUNE

On Friday, SUNation Energy Inc [NASDAQ:SUNE] saw its stock fall -18.18% to $0.22. Over the last five days, the stock has lost -46.67%. SUNation Energy Inc shares have fallen nearly -91.79% since the year began. Nevertheless, the stocks have fallen -99.59% over the past one year. While a 52-week high of $313.50 was reached on 01/02/25, a 52-week low of $0.16 was recorded on 03/05/25. SMA at 50 days reached $0.8784, while 200 days put it at $19.7344.

Levels Of Support And Resistance For SUNE Stock

The 24-hour chart illustrates a support level at 0.1927, which if violated will result in even more drops to 0.1694. On the upside, there is a resistance level at 0.2556. A further resistance level may holdings at 0.2952. The Relative Strength Index (RSI) on the 14-day chart is 30.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1301, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.04%. Stochastics %K at 12.68% indicates the stock is a buying.

How much short interest is there in SUNation Energy Inc?

A steep rise in short interest was recorded in SUNation Energy Inc stocks on 2025-03-14, growing by 1.82 million shares to a total of 2.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.18 million shares. There was a rise of 91.23%, which implies that there is a positive sentiment for the stock.

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