As this happened, HSBC Securities downgraded its Gold Fields Ltd ADR [GFI] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Investec’s analysts, who increased its forecast for the stock in mid October from “a Hold” to “a Buy”. BMO Capital Markets revised its rating on June 26, 2024. It rated GFI as “a Market perform” which previously was an “an Underperform”.
Price Performance Review of GFI
On Friday, Gold Fields Ltd ADR [NYSE:GFI] saw its stock jump 1.90% to $22.55. Over the last five days, the stock has gained 6.37%. Gold Fields Ltd ADR shares have risen nearly 70.83% since the year began. Nevertheless, the stocks have risen 41.82% over the past one year. While a 52-week high of $25.52 was reached on 04/16/25, a 52-week low of $12.98 was recorded on 01/02/25. SMA at 50 days reached $21.63, while 200 days put it at $17.18.
Levels Of Support And Resistance For GFI Stock
The 24-hour chart illustrates a support level at 22.12, which if violated will result in even more drops to 21.70. On the upside, there is a resistance level at 22.81. A further resistance level may holdings at 23.07. The Relative Strength Index (RSI) on the 14-day chart is 51.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.79%. Stochastics %K at 38.73% indicates the stock is a holding.
