The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SRM Entertainment Inc shares valued at $12,626 were sold by Safety Shot, Inc. on Dec 10 ’24. At $0.82 per share, Safety Shot, Inc. sold 15,398 shares. The insider’s holdings dropped to 2,857,511 shares worth approximately $1.11 million following the completion of this transaction.
Also, Safety Shot, Inc. purchased 1,500,000 shares, netting a total of over 930,000 in proceeds.
Before that, Safety Shot, Inc. had sold 20,000 shares from its account. In a trade valued at $22,400, the 10% Owner traded SRM Entertainment Inc shares for $1.12 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $1.55 million.
Analyzing SRM Stock Performance
During the last five days, there has been a surge of approximately 39.61%. Over the course of the year, SRM Entertainment Inc shares have dropped approximately -37.41%. Shares of the company reached a 52-week high of $1.0900 on 02/18/25 and a 52-week low of $0.2607 on 04/04/25. A 50-day SMA is recorded $0.4401, while a 200-day SMA reached $0.6667.
Support And Resistance Levels for SRM Entertainment Inc (SRM)
According to the 24-hour chart, there is a support level at 0.3531, which, if violated, would cause prices to drop to 0.3124. In the upper region, resistance lies at 0.4422. The next price resistance is at 0.4906. RSI (Relative Strength Index) is 52.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0732, which suggests the price will decrease in the coming days. Percent R is at 48.71%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
