Obsidian Energy Ltd’s recently made public that its Officer Faust Michael acquired Company’s shares for reported $0.24 million on Nov 07 ’24. In the deal valued at $6.08 per share,40,058 shares were bought.
Then, Faust Michael bought 40,058 shares, generating $231,134 in total proceeds.
A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early April from “a Strong buy” to “a Mkt perform”. Raymond James began covering OBE with “Strong buy” recommendation on October 18, 2024.
Price Performance Review of OBE
On Tuesday, Obsidian Energy Ltd [AMEX:OBE] saw its stock jump 6.43% to $5.13. Over the last five days, the stock has gained 25.74%. Obsidian Energy Ltd shares have fallen nearly -11.40% since the year began. Nevertheless, the stocks have fallen -35.63% over the past one year. While a 52-week high of $8.25 was reached on 01/13/25, a 52-week low of $3.88 was recorded on 05/07/25. SMA at 50 days reached $4.96, while 200 days put it at $5.64.
Levels Of Support And Resistance For OBE Stock
The 24-hour chart illustrates a support level at 4.92, which if violated will result in even more drops to 4.71. On the upside, there is a resistance level at 5.26. A further resistance level may holdings at 5.38. The Relative Strength Index (RSI) on the 14-day chart is 60.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.47%. Stochastics %K at 84.33% indicates the stock is a selling.
