SFL Corporation Ltd’s recently made public that its Officer Olesen Aksel acquired Company’s shares for reported $0.51 million on Oct 07 ’24. In the deal valued at $11.73 per share,43,708 shares were bought.
Pareto upgraded its SFL Corporation Ltd [SFL] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Pareto’s analysts, who decreased its forecast for the stock in mid August from “a Buy” to “a Hold”. DNB Markets also remained covering SFL and has decreased its forecast on November 09, 2021 with a “Hold” recommendation from previously “Buy” rating. Jefferies revised its rating on August 19, 2021. It rated SFL as “a Buy” which previously was an “a Hold”.
Price Performance Review of SFL
On Friday, SFL Corporation Ltd [NYSE:SFL] saw its stock jump 0.09% to $10.85. Over the last five days, the stock has gained 2.84%. SFL Corporation Ltd shares have risen nearly 6.16% since the year began. Nevertheless, the stocks have fallen -8.21% over the past one year. While a 52-week high of $14.62 was reached on 01/15/25, a 52-week low of $9.64 was recorded on 01/03/25. SMA at 50 days reached $10.46, while 200 days put it at $11.82.
Levels Of Support And Resistance For SFL Stock
The 24-hour chart illustrates a support level at 10.78, which if violated will result in even more drops to 10.72. On the upside, there is a resistance level at 10.94. A further resistance level may holdings at 11.04. The Relative Strength Index (RSI) on the 14-day chart is 56.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.81%. Stochastics %K at 72.77% indicates the stock is a holding.
How much short interest is there in SFL Corporation Ltd?
A steep rise in short interest was recorded in SFL Corporation Ltd stocks on 2025-01-15, growing by 62970.0 shares to a total of 1.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.92 million shares. There was a rise of 3.18%, which implies that there is a positive sentiment for the stock.
