As this happened, National Bank Financial upgraded its Sun Life Financial, Inc [SLF] rating to an Outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Equal weight”‘ rating. Jefferies began covering SLF with “Buy” recommendation on February 22, 2024. RBC Capital Mkts revised its rating on May 15, 2023. It rated SLF as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of SLF
On Tuesday, Sun Life Financial, Inc [NYSE:SLF] saw its stock jump 1.15% to $57.20. Over the last five days, the stock has gained 0.95%. Sun Life Financial, Inc shares have fallen nearly -3.61% since the year began. Nevertheless, the stocks have risen 12.91% over the past one year. While a 52-week high of $62.85 was reached on 01/06/25, a 52-week low of $46.41 was recorded on 04/07/25. SMA at 50 days reached $56.04, while 200 days put it at $56.18.
Levels Of Support And Resistance For SLF Stock
The 24-hour chart illustrates a support level at 56.87, which if violated will result in even more drops to 56.53. On the upside, there is a resistance level at 57.55. A further resistance level may holdings at 57.89. The Relative Strength Index (RSI) on the 14-day chart is 55.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.81%. Stochastics %K at 62.31% indicates the stock is a holding.
How much short interest is there in Sun Life Financial, Inc?
A steep rise in short interest was recorded in Sun Life Financial, Inc stocks on 2025-03-31, dropping by -14.86 million shares to a total of 1.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 16.38 million shares. There was a decline of -976.51%, which implies that there is a negative sentiment for the stock.
