As this happened, Oppenheimer upgraded its CNH Industrial NV [CNH] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in early January from “a Mkt perform” to “an Outperform”. Morgan Stanley also remained covering CNH and has increased its forecast on December 17, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Northland Capital revised its rating on November 11, 2024. It rated CNH as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of CNH
On Tuesday, CNH Industrial NV [NYSE:CNH] saw its stock jump 1.35% to $12.73. Over the last five days, the stock has lost -3.27%. CNH Industrial NV shares have risen nearly 12.36% since the year began. Nevertheless, the stocks have risen 3.50% over the past one year. While a 52-week high of $13.32 was reached on 01/30/25, a 52-week low of $9.28 was recorded on 01/10/25. SMA at 50 days reached $11.98, while 200 days put it at $10.98.
Levels Of Support And Resistance For CNH Stock
The 24-hour chart illustrates a support level at 12.41, which if violated will result in even more drops to 12.08. On the upside, there is a resistance level at 13.07. A further resistance level may holdings at 13.41. The Relative Strength Index (RSI) on the 14-day chart is 59.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.91%. Stochastics %K at 67.61% indicates the stock is a holding.
How much short interest is there in CNH Industrial NV?
A steep rise in short interest was recorded in CNH Industrial NV stocks on 2025-01-15, dropping by 42052.0 shares to a total of 43.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 43.25 million shares. There was a decline of -0.1%, which implies that there is a negative sentiment for the stock.
