Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Allurion Technologies Inc shares valued at $26,800 were purchased by Gaur Shantanu on Mar 28 ’25. At $3.35 per share, Gaur Shantanu acquired 8,000 shares. The insider’s holdings grew to 8,000 shares worth approximately $18720.0 following the completion of this transaction.
As published in a research note from Chardan Capital Markets on November 14, 2024, Allurion Technologies Inc [ALUR] has been rated down from a Buy to a Neutral. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of September 06, 2024, ROTH MKM has initiated its “Buy” rating for ALUR. Earlier on February 09, 2024, Jefferies initiated its rating. Their recommendation was “a Buy” for ALUR stock.
Analyzing ALUR Stock Performance
During the last five days, there has been a drop of approximately -0.85%. Over the course of the year, Allurion Technologies Inc shares have dropped approximately -78.23%. Shares of the company reached a 52-week high of $16.81 on 01/24/25 and a 52-week low of $2.15 on 03/10/25. A 50-day SMA is recorded $3.28, while a 200-day SMA reached $11.92.
Support And Resistance Levels for Allurion Technologies Inc (ALUR)
According to the 24-hour chart, there is a support level at 2.23, which, if violated, would cause prices to drop to 2.12. In the upper region, resistance lies at 2.43. The next price resistance is at 2.53. RSI (Relative Strength Index) is 38.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.39, which suggests the price will decrease in the coming days. Percent R is at 87.40%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
