SFL Corporation Ltd (SFL) Technical Analysis

Ship Finance International Ltd (SFL) is a maritime industry company engaged in the ownership and operation of vessels. The company provides shipping solutions to customers worldwide, offering a diverse fleet of vessels that includes oil tankers, dry bulk carriers, container vessels, and offshore drilling rigs. SFL's business model is based on long-term charters, with a focus on creditworthy customers and stable cash flows. The company's strong financial position and global presence have made it a trusted partner in the shipping industry.

When conducting technical analysis on SFL stock, several key indicators can provide valuable insights. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It can indicate overbought or oversold conditions, helping traders identify potential trend reversals. The Average Directional Index (ADX) measures the strength of a trend, with higher values indicating a stronger trend. This can be useful for determining whether to enter or exit a position.