In a filing, Trio Petroleum Corp revealed its Director PERNICE THOMAS J unloaded Company’s shares for reported $2162.0 on Jan 15 ’25. In the deal valued at $1.73 per share,1,250 shares were sold. As a result of this transaction, PERNICE THOMAS J now holds 17,750 shares worth roughly $20057.499999999996.
Then, PERNICE THOMAS J sold 2,750 shares, generating $2,981 in total proceeds. Upon selling the shares at $1.08, the Director now owns 19,000 shares.
Before that, PERNICE THOMAS J sold 25,000 shares. Trio Petroleum Corp shares valued at $3,838 were divested by the Director at a price of $0.15 per share. As a result of the transaction, PERNICE THOMAS J now holds 195,000 shares, worth roughly $0.22 million.
Price Performance Review of TPET
On Tuesday, Trio Petroleum Corp [AMEX:TPET] saw its stock fall -4.24% to $1.13. Over the last five days, the stock has lost -4.24%. Trio Petroleum Corp shares have fallen nearly -6.61% since the year began. Nevertheless, the stocks have fallen -83.87% over the past one year. While a 52-week high of $10.40 was reached on 01/21/25, a 52-week low of $0.79 was recorded on 01/06/25. SMA at 50 days reached $1.2995, while 200 days put it at $2.2626.
Levels Of Support And Resistance For TPET Stock
The 24-hour chart illustrates a support level at 1.0867, which if violated will result in even more drops to 1.0433. On the upside, there is a resistance level at 1.1867. A further resistance level may holdings at 1.2433. The Relative Strength Index (RSI) on the 14-day chart is 39.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0219, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.46%. Stochastics %K at 19.40% indicates the stock is a buying.
