In the meantime, Ladenburg Thalmann upgraded its Energous Corp [WATT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Neutral”. Ladenburg Thalmann also remained covering WATT and has increased its forecast on May 01, 2019 with a “Buy” recommendation from previously “Neutral” rating. Ladenburg Thalmann revised its rating on October 31, 2018. It rated WATT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of WATT
On Tuesday, Energous Corp [NASDAQ:WATT] saw its stock jump 3.95% to $0.29. Over the last five days, the stock has gained 2.39%. Energous Corp shares have fallen nearly -71.11% since the year began. Nevertheless, the stocks have fallen -80.55% over the past one year. While a 52-week high of $2.70 was reached on 01/06/25, a 52-week low of $0.12 was recorded on 04/07/25. SMA at 50 days reached $0.2885, while 200 days put it at $0.5287.
Levels Of Support And Resistance For WATT Stock
The 24-hour chart illustrates a support level at 0.2712, which if violated will result in even more drops to 0.2506. On the upside, there is a resistance level at 0.3212. A further resistance level may holdings at 0.3506. The Relative Strength Index (RSI) on the 14-day chart is 52.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0006, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.13%. Stochastics %K at 51.99% indicates the stock is a holding.
The most recent change occurred on January 03, 2018 when Ladenburg Thalmann resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $32.
