SL GREEN REALTY CORP (SLG) Technical Analysis
NYSE:SLG • US78440X8873
Current stock price
SLG Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to SLG. In the past year, SLG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, SLG is a bad performer in the overall market: 83% of all stocks are doing better.
- SLG is part of the Diversified REITs industry. There are 122 other stocks in this industry, of which 79% are performing better than SLG.
- SLG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SLG has a been trading in the 34.77 - 44.71 range, which is quite wide. It is currently trading near the high of this range.
- SLG has an average volume of 1488020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLG Weekly and Daily overview Charts
SLG Setup Rating and Analysis
SLG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SLG Support and Resistance Analysis
42.60
3 important resistance areas can be observed.
- Resistance @43.29 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 44.07 to 44.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @54.72 from a trend line in the weekly time frame.
SLG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SLG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLG is up. |
| ChartMill Relative Strength | 17.25 | NEGATIVE | SLG has a low relative strength, it was outperformed by 82.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SLG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63 | NEUTRAL | The RSI value for SLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests SLG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.72 | OVERBOUGHT | The high Stochastics value suggests SLG may be overbought. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for SLG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for SLG suggests a possible start of a new trend. |
SLG Chart- and CandleStick Pattern Analysis
SLG Technicals: Chart, Performance Metrics, Trend & Indicators
43.03
-0.55 (-1.26%)
SL GREEN REALTY CORP / SLG TA FAQ
What is the ChartMill technical rating of SL GREEN REALTY CORP (SLG) stock?
ChartMill assigns a technical rating of 4 / 10 to SLG.
What is the current trend direction of SL GREEN REALTY CORP (SLG) stock?
The current trend direction for SL GREEN REALTY CORP (SLG) is Bearish.
What is the RSI signal for SL GREEN REALTY CORP (SLG) stock?
SL GREEN REALTY CORP (SLG) has an RSI value of 63.0009. This indicates that the stock is currently neutral.
What is the short term momentum for SL GREEN REALTY CORP (SLG) stock?
The short term momentum for SL GREEN REALTY CORP (SLG) is positive.
Can you provide the support and resistance levels for SL GREEN REALTY CORP?
SL GREEN REALTY CORP (SLG) has a resistance level at 43.29. Check the full technical report for our detailed analysis of SLG support and resistance levels.