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An Analysis of Halliburton Co (HAL)’s Potential Price Growth

In a filing, Halliburton Co revealed its EVP & Chief Financial Officer Carre Eric unloaded Company’s shares for reported $1.28 million on Mar 14 ’25. In the deal valued at $25.00 per share,51,179 shares were sold. As a result of this transaction, Carre Eric now holds 127,101 shares worth roughly $2.54 million.

Then, Jones Myrtle L bought 12,980 shares, generating $325,163 in total proceeds.

Before that, Carre Eric bought 51,179 shares. Halliburton Co shares valued at $1,279,475 were divested by the Officer at a price of $25.00 per share.

Raymond James downgraded its Halliburton Co [HAL] rating to a Mkt perform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including Griffin Securities’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Neutral”. Piper Sandler began covering HAL with “an Overweight” recommendation on December 19, 2024. Barclays revised its rating on December 18, 2024. It rated HAL as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of HAL

On Monday, Halliburton Co [NYSE:HAL] saw its stock jump 0.05% to $19.99. Over the last five days, the stock has lost -21.21%. Halliburton Co shares have fallen nearly -26.48% since the year began. Nevertheless, the stocks have fallen -50.82% over the past one year. While a 52-week high of $41.56 was reached on 01/17/25, a 52-week low of $19.58 was recorded on 04/07/25. SMA at 50 days reached $25.37, while 200 days put it at $29.09.

Levels Of Support And Resistance For HAL Stock

The 24-hour chart illustrates a support level at 18.86, which if violated will result in even more drops to 17.74. On the upside, there is a resistance level at 20.97. A further resistance level may holdings at 21.96. The Relative Strength Index (RSI) on the 14-day chart is 21.35, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.11%. Stochastics %K at 7.95% indicates the stock is a buying.

How much short interest is there in Halliburton Co?

A steep rise in short interest was recorded in Halliburton Co stocks on 2025-03-14, growing by 1.7 million shares to a total of 27.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 25.33 million shares. There was a rise of 6.3%, which implies that there is a positive sentiment for the stock.

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