While this happened, Dawson James initiated its Check-Cap Ltd [CHEK] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in mid January has reiterated a ‘”a Buy”‘ rating for it. H.C. Wainwright also remained covering CHEK and reiterated its “Buy” recommendation on November 28, 2017. H.C. Wainwright maintained its rating on September 28, 2017. It rated CHEK as “a Buy”.
Price Performance Review of CHEK
On Tuesday, Check-Cap Ltd [NASDAQ:CHEK] saw its stock jump 15.83% to $1.03. Over the last five days, the stock has gained 44.00%. Check-Cap Ltd shares have risen nearly 4.05% since the year began. Nevertheless, the stocks have fallen -54.22% over the past one year. While a 52-week high of $3.04 was reached on 01/07/25, a 52-week low of $0.56 was recorded on 04/07/25. SMA at 50 days reached $0.7702, while 200 days put it at $1.1942.
Levels Of Support And Resistance For CHEK Stock
The 24-hour chart illustrates a support level at 0.8791, which if violated will result in even more drops to 0.7281. On the upside, there is a resistance level at 1.1455. A further resistance level may holdings at 1.2609. The Relative Strength Index (RSI) on the 14-day chart is 71.53, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1473, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.92%. Stochastics %K at 71.68% indicates the stock is a holding.
The most recent change occurred on January 19, 2017 when Rodman & Renshaw began covering the stock and recommended ‘”a Buy”‘ rating along with a $6 price target.
