Meanwhile, Citigroup upgraded its Flagstar Financial Inc [FLG] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. Barclays revised its rating on September 26, 2024. It rated FLG as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of FLG
On Monday, Flagstar Financial Inc [NYSE:FLG] saw its stock jump 0.94% to $11.84. Over the last five days, the stock has gained 13.52%. Flagstar Financial Inc shares have risen nearly 26.90% since the year began. Nevertheless, the stocks have risen 28.98% over the past one year. While a 52-week high of $13.35 was reached on 02/19/25, a 52-week low of $7.86 was recorded on 01/10/25. SMA at 50 days reached $11.54, while 200 days put it at $10.94.
Levels Of Support And Resistance For FLG Stock
The 24-hour chart illustrates a support level at 11.58, which if violated will result in even more drops to 11.32. On the upside, there is a resistance level at 12.05. A further resistance level may holdings at 12.25. The Relative Strength Index (RSI) on the 14-day chart is 61.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.82%. Stochastics %K at 82.59% indicates the stock is a selling.
How much short interest is there in Flagstar Financial Inc?
A steep rise in short interest was recorded in Flagstar Financial Inc stocks on 2025-04-15, growing by 2.58 million shares to a total of 47.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 44.84 million shares. There was a rise of 5.44%, which implies that there is a positive sentiment for the stock.
