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Analyzing Arcellx Inc (ACLX) After Recent Trading Activity

Arcellx Inc’s recent filing unveils that its Director Patel Kavita unloaded Company’s shares for reported $96300.0 on Apr 29 ’25. In the deal valued at $64.20 per share,1,500 shares were sold. As a result of this transaction, Patel Kavita now holds 0 shares worth roughly $0.0.

Then, Yoon Derek bought 19,470 shares, generating $1,207,529 in total proceeds.

Before that, Patel Kavita sold 1,500 shares. Arcellx Inc shares valued at $86,250 were divested by the Director at a price of $57.50 per share. As a result of the transaction, Patel Kavita now holds 0 shares, worth roughly $0.0.

Redburn Atlantic initiated its Arcellx Inc [ACLX] rating to a Buy in a research note published on October 08, 2024; the price target was $109. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Piper Sandler began covering ACLX with “an Overweight” recommendation on May 31, 2024. Morgan Stanley started covering the stock on March 07, 2024. It rated ACLX as “an Overweight”.

Price Performance Review of ACLX

On Tuesday, Arcellx Inc [NASDAQ:ACLX] saw its stock fall -18.33% to $52.80. Over the last five days, the stock has lost -18.41%. Arcellx Inc shares have fallen nearly -31.15% since the year began. Nevertheless, the stocks have fallen -0.92% over the past one year. While a 52-week high of $107.37 was reached on 01/03/25, a 52-week low of $47.88 was recorded on 05/06/25. SMA at 50 days reached $65.01, while 200 days put it at $73.14.

Levels Of Support And Resistance For ACLX Stock

The 24-hour chart illustrates a support level at 46.30, which if violated will result in even more drops to 39.79. On the upside, there is a resistance level at 62.01. A further resistance level may holdings at 71.21. The Relative Strength Index (RSI) on the 14-day chart is 31.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.30%. Stochastics %K at 55.37% indicates the stock is a holding.

The most recent change occurred on January 04, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $71.

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