SFL Corporation Limited Shares Close in on 52-Week Low - Market Mover
SFL Corporation Limited shares closed today at 1.6% above its 52 week low of $6.17, giving the company a market cap of $745M. The stock is currently down 52.2% year-to-date, down 51.8% over the past 12 months, and down 31.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the SP 500 rose 0.9%. Trading Activity Trading volume this week was 37.3% higher than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 8.1% lower than its 20-day moving average, and 19.3% lower than its 90-day moving average.
Market Comparative Performance The company#39
SFL Corporation Limited Shares Close in on 52-Week Low - Market Mover
SFL Corporation Limited shares closed today at 1.6% above its 52 week low of $6.17, giving the company a market cap of $745M. The stock is currently down 52.2% year-to-date, down 51.8% over the past 12 months, and down 31.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the SP 500 rose 0.9%. Trading Activity Trading volume this week was 37.3% higher than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 8.1% lower than its 20-day moving average, and 19.3% lower than its 90-day moving average.
Market Comparative Performance The company#39