Taking this into account, BTIG Research initiated its Hafnia Ltd [HAFN] rating to a Buy in a research note published on April 12, 2024; the price target was $10.
Price Performance Review of HAFN
On Tuesday, Hafnia Ltd [NYSE:HAFN] saw its stock jump 2.33% to $5.70. Over the last five days, the stock has gained 4.78%. Hafnia Ltd shares have risen nearly 2.33% since the year began. Nevertheless, the stocks have fallen -20.50% over the past one year. While a 52-week high of $8.99 was reached on 01/02/25, a 52-week low of $4.99 was recorded on 01/03/25. SMA at 50 days reached $5.52, while 200 days put it at $7.15.
Levels Of Support And Resistance For HAFN Stock
The 24-hour chart illustrates a support level at 5.62, which if violated will result in even more drops to 5.54. On the upside, there is a resistance level at 5.75. A further resistance level may holdings at 5.80. The Relative Strength Index (RSI) on the 14-day chart is 56.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.33%. Stochastics %K at 82.22% indicates the stock is a selling.
How much short interest is there in Hafnia Ltd?
A steep rise in short interest was recorded in Hafnia Ltd stocks on 2024-11-15, growing by 2.37 million shares to a total of 4.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.72 million shares. There was a rise of 57.96%, which implies that there is a positive sentiment for the stock.
