In a filing, SFL Corporation Ltd revealed its Officer Olesen Aksel acquired Company’s shares for reported $0.51 million on Oct 07 ’24. In the deal valued at $11.73 per share,43,708 shares were bought.
Pareto upgraded its SFL Corporation Ltd [SFL] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Pareto’s analysts, who decreased its forecast for the stock in mid August from “a Buy” to “a Hold”. DNB Markets also remained covering SFL and has decreased its forecast on November 09, 2021 with a “Hold” recommendation from previously “Buy” rating. Jefferies revised its rating on August 19, 2021. It rated SFL as “a Buy” which previously was an “a Hold”.
Price Performance Review of SFL
On Tuesday, SFL Corporation Ltd [NYSE:SFL] saw its stock fall -0.24% to $8.29. Over the last five days, the stock has lost -0.24%. SFL Corporation Ltd shares have fallen nearly -18.88% since the year began. Nevertheless, the stocks have fallen -39.18% over the past one year. While a 52-week high of $14.62 was reached on 01/15/25, a 52-week low of $6.78 was recorded on 04/07/25. SMA at 50 days reached $8.20, while 200 days put it at $10.25.
Levels Of Support And Resistance For SFL Stock
The 24-hour chart illustrates a support level at 8.17, which if violated will result in even more drops to 8.05. On the upside, there is a resistance level at 8.43. A further resistance level may holdings at 8.57. The Relative Strength Index (RSI) on the 14-day chart is 55.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.02%. Stochastics %K at 87.79% indicates the stock is a selling.
