SL GREEN REALTY CORP (SLG) Stock Technical Analysis
NYSE:SLG - US78440X8873 - REIT
56.89 USD
+0.01 (+0.02%)
56.89 USD
0 (0%)
Taking everything into account, SLG scores 1 out of 10 in our technical rating. SLG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SLG is a bad performer in the overall market: 82% of all stocks are doing better.
SLG is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 71% are performing better than SLG.
In the last month SLG has a been trading in the 51.96 - 57.62 range, which is quite wide. It is currently trading near the high of this range.
SLG has an average volume of 1049970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLG is lagging the market.
SLG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
49.08
66.51
3 important support areas can be observed.
- Support @54.19 from a trend line in the weekly time frame.
- A support zone ranging from 52.03 to 52.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 49.58 to 49.62. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @56.90 from a horizontal line in the daily time frame.
- Resistance @60.78 from a trend line in the daily time frame.
- Resistance @62.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 64.81 to 65.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for SLG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLG is neutral. |
| ChartMill Relative Strength | 18.7 | NEGATIVE | SLG has a low relative strength, it was outperformed by 81.3% 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 | NEGATIVE | The current price of SLG is below 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) | 51.61 | NEUTRAL | The RSI value for SLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests SLG has a positive trend. |
| Stochastics (14,3) | 86.72 | OVERBOUGHT | The high Stochastics value suggests SLG may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SLG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for SLG suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
56.89
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.02%
1 Week0.16%
2 Weeks4.91%
1 Month2.03%
3 Month0.21%
6 Month-11.85%
12 Month-14.63%
2 Year44.91%
3 Year28.8%
5 Year18.05%
10 Year-46.67%
15 Year-8.43%
Volatility
ATR(14)1.4
ATR(20)%2.53%
ATR Inc-42.22%
Range Today0.8
ADR(20)1.38
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.7
Mansfield-1.88
10 Day High57.62
10 Day Low53.48
20 Day High57.62
20 Day Low51.96
52 Week High82.81
52 Week Low45.15
CS1 End54.19
CR1 Start56.9
Volume & EV
DER(3)1.16%
DER(5)0.82%
Volume867.60K
Volume Incr-8.29%
Vol(5)785.60K
Vol(50)1.05M