While this happened, DNB Markets upgraded its Golar Lng [GLNG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including DNB Markets’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Hold”. Wolfe Research revised its rating on August 16, 2023. It rated GLNG as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of GLNG
On Monday, Golar Lng [NASDAQ:GLNG] saw its stock jump 1.86% to $41.06. Over the last five days, the stock has gained 9.64%. Golar Lng shares have fallen nearly -2.98% since the year began. Nevertheless, the stocks have risen 63.07% over the past one year. While a 52-week high of $44.36 was reached on 01/02/25, a 52-week low of $24.42 was recorded on 04/04/25. SMA at 50 days reached $36.96, while 200 days put it at $37.25.
Levels Of Support And Resistance For GLNG Stock
The 24-hour chart illustrates a support level at 40.42, which if violated will result in even more drops to 39.79. On the upside, there is a resistance level at 41.45. A further resistance level may holdings at 41.85. The Relative Strength Index (RSI) on the 14-day chart is 62.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.43%. Stochastics %K at 95.95% indicates the stock is a selling.
How much short interest is there in Golar Lng?
A steep rise in short interest was recorded in Golar Lng stocks on 2025-04-15, growing by 1.23 million shares to a total of 5.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 3.89 million shares. There was a rise of 24.04%, which implies that there is a positive sentiment for the stock.
