The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SFL Corporation Ltd shares valued at $512,695 were purchased by Olesen Aksel on Oct 07 ’24. At $11.73 per share, Olesen Aksel acquired 43,708 shares.
As published in a research note from Pareto on August 20, 2024, SFL Corporation Ltd [SFL] has been rated up from a Hold to a Buy. Analysts at Pareto downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid August. As of November 09, 2021, DNB Markets has decreased its “Buy” rating to a “Hold” for SFL. Earlier on August 19, 2021, Jefferies upgraded its rating. Their new recommendation was “a Buy” for SFL stock which previously was a “a Hold”.
Analyzing SFL Stock Performance
During the last five days, there has been a surge of approximately 4.28%. Over the course of the year, SFL Corporation Ltd shares have dropped approximately -23.68%. Shares of the company reached a 52-week high of $11.14 on 01/15/25 and a 52-week low of $6.78 on 04/07/25. A 50-day SMA is recorded $8.48, while a 200-day SMA reached $10.48.
Support And Resistance Levels for SFL Corporation Ltd (SFL)
According to the 24-hour chart, there is a support level at 7.72, which, if violated, would cause prices to drop to 7.64. In the upper region, resistance lies at 7.89. The next price resistance is at 7.98. RSI (Relative Strength Index) is 46.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.19, which suggests the price will decrease in the coming days. Percent R is at 23.88%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
