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. TeraWulf Inc shares valued at $19,999 were purchased by Bucella Michael C. on Jan 27 ’25. At $4.17 per share, Bucella Michael C. acquired 4,796 shares. The insider’s holdings grew to 205,632 shares worth approximately $0.67 million following the completion of this transaction.
Also, Deane Kenneth J sold 69,996 shares, netting a total of over 227,137 in proceeds. Following the sale of shares at $3.25 each, the insider now holds 337,245 shares.
Analysts at Keefe Bruyette started covering the stock with ‘”a Mkt perform”‘ outlook in a report released in early January. As of September 04, 2024, Needham has initiated its “Buy” rating for WULF.
Analyzing WULF Stock Performance
During the last five days, there has been a surge of approximately 6.58%. Over the course of the year, TeraWulf Inc shares have dropped approximately -42.76%. Shares of the company reached a 52-week high of $6.98 on 01/24/25 and a 52-week low of $2.06 on 04/09/25. A 50-day SMA is recorded $3.07, while a 200-day SMA reached $4.88.
Support And Resistance Levels for TeraWulf Inc (WULF)
According to the 24-hour chart, there is a support level at 3.00, which, if violated, would cause prices to drop to 2.77. In the upper region, resistance lies at 3.38. The next price resistance is at 3.53. RSI (Relative Strength Index) is 57.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.30, which suggests the price will decrease in the coming days. Percent R is at 4.55%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
