In the meantime, RBC Capital Mkts upgraded its Sibanye Stillwater Limited ADR [SBSW] rating to an Outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. Investec also remained covering SBSW and has decreased its forecast on October 18, 2024 with a “Hold” recommendation from previously “Buy” rating. Jefferies revised its rating on March 13, 2024. It rated SBSW as “a Sell” which previously was an “a Buy”.
Price Performance Review of SBSW
On Friday, Sibanye Stillwater Limited ADR [NYSE:SBSW] saw its stock jump 2.61% to $5.11. Over the last five days, the stock has gained 10.85%. Sibanye Stillwater Limited ADR shares have risen nearly 54.85% since the year began. Nevertheless, the stocks have risen 4.07% over the past one year. While a 52-week high of $5.91 was reached on 04/21/25, a 52-week low of $3.05 was recorded on 02/28/25. SMA at 50 days reached $4.29, while 200 days put it at $4.10.
Levels Of Support And Resistance For SBSW Stock
The 24-hour chart illustrates a support level at 4.98, which if violated will result in even more drops to 4.85. On the upside, there is a resistance level at 5.19. A further resistance level may holdings at 5.27. The Relative Strength Index (RSI) on the 14-day chart is 64.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.33%. Stochastics %K at 78.78% indicates the stock is a holding.
