While this happened, Barclays upgraded its ICL Group Ltd [ICL] rating to an Equal weight from a an Underweight in a research note published on January 21, 2025; the price target was increased to $6 from $4. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid January from “an Overweight” to “an Underweight”. Barclays also remained covering ICL and has increased its forecast on November 14, 2023 with a “an Overweight” recommendation from previously “an Equal weight” rating. BofA Securities revised its rating on May 18, 2023. It rated ICL as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ICL
On Tuesday, ICL Group Ltd [NYSE:ICL] saw its stock fall -0.15% to $6.72. Over the last five days, the stock has gained 3.54%. ICL Group Ltd shares have risen nearly 36.03% since the year began. Nevertheless, the stocks have risen 47.37% over the past one year. While a 52-week high of $6.80 was reached on 04/28/25, a 52-week low of $3.79 was recorded on 01/02/25. SMA at 50 days reached $6.09, while 200 days put it at $5.00.
Levels Of Support And Resistance For ICL Stock
The 24-hour chart illustrates a support level at 6.66, which if violated will result in even more drops to 6.60. On the upside, there is a resistance level at 6.76. A further resistance level may holdings at 6.80. The Relative Strength Index (RSI) on the 14-day chart is 69.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.21%. Stochastics %K at 95.75% indicates the stock is a selling.
How much short interest is there in ICL Group Ltd?
A steep rise in short interest was recorded in ICL Group Ltd stocks on 2025-04-15, dropping by -0.91 million shares to a total of 2.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 2.97 million shares. There was a decline of -44.22%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 01, 2022 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $12 price target.
