Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nexalin Technology Inc shares valued at $13,200 were purchased by Shelton Carolyn Hamby on Mar 12 ’25. At $2.20 per share, Shelton Carolyn Hamby acquired 6,000 shares. The insider’s holdings grew to 30,000 shares worth approximately $30300.0 following the completion of this transaction.
Also, Owens David purchased 1,000 shares, netting a total of over 3,100 in proceeds. Following the buying of shares at $3.10 each, the insider now holds 155,793 shares.
Before that, Owens David had added 1,000 shares to its account. In a trade valued at $2,980, the Chief Medical Officer bought Nexalin Technology Inc shares for $2.98 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $0.16 million.
Analyzing NXL Stock Performance
On last trading session,, Nexalin Technology Inc [NASDAQ: NXL] plunged -0.98% to $1.01. The stock’s lowest price that day was $0.972, but it reached a high of $1.07 in the same session. During the last five days, there has been a surge of approximately 2.02%. Over the course of the year, Nexalin Technology Inc shares have dropped approximately -28.87%. Shares of the company reached a 52-week high of $3.8700 on 02/05/25 and a 52-week low of $0.8900 on 06/27/25.
Support And Resistance Levels for Nexalin Technology Inc (NXL)
According to the 24-hour chart, there is a support level at 0.9647, which, if violated, would cause prices to drop to 0.9193. In the upper region, resistance lies at 1.0627. The next price resistance is at 1.1153. RSI (Relative Strength Index) is 41.14 on the 14-day chart, showing neutral technical sentiment.
Is Nexalin Technology Inc subject to short interest?
Stocks of Nexalin Technology Inc saw a sharp rise in short interest on 2025-06-13 jumping by 38117.0 shares to 0.16 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.12 million shares. A jump of 24.08% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.87 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.87.
