As this happened, BofA Securities downgraded its Vodafone Group plc ADR [VOD] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including DZ Bank’s analysts, who increased its forecast for the stock in early March from “a Hold” to “a Buy”. Goldman also remained covering VOD and has decreased its forecast on December 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. UBS revised its rating on August 05, 2024. It rated VOD as “a Neutral” which previously was an “a Buy”.
Price Performance Review of VOD
On Tuesday, Vodafone Group plc ADR [NASDAQ:VOD] saw its stock jump 1.67% to $9.11. Over the last five days, the stock has gained 11.23%. Vodafone Group plc ADR shares have risen nearly 7.30% since the year began. Nevertheless, the stocks have risen 9.76% over the past one year. While a 52-week high of $10.39 was reached on 03/18/25, a 52-week low of $8.00 was recorded on 02/04/25. SMA at 50 days reached $8.93, while 200 days put it at $9.13.
Levels Of Support And Resistance For VOD Stock
The 24-hour chart illustrates a support level at 9.07, which if violated will result in even more drops to 9.04. On the upside, there is a resistance level at 9.15. A further resistance level may holdings at 9.19. The Relative Strength Index (RSI) on the 14-day chart is 52.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.80%. Stochastics %K at 58.50% indicates the stock is a holding.
How much short interest is there in Vodafone Group plc ADR?
A steep rise in short interest was recorded in Vodafone Group plc ADR stocks on 2025-03-31, growing by 3.15 million shares to a total of 16.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 12.99 million shares. There was a rise of 19.49%, which implies that there is a positive sentiment for the stock.
