SL GREEN REALTY CORP (SLG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SLG - US78440X8873 - REIT
Overall SLG gets a technical rating of 0 out of 10. SLG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SLG is bad and it also does not present a 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
43.48
We found 1 important support area.
- Support @43.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 47.27 to 48.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 53.19 to 53.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @61.91 from a trend line in the weekly time frame.
- Resistance @63.94 from a horizontal line in the daily time frame.
- Resistance @65.20 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for SLG is down. |
| ChartMill Relative Strength | 11.62 | NEGATIVE | SLG has a low relative strength, it was outperformed by 88.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLG is below a declining 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) | 43.1 | NEUTRAL | The RSI value for SLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SLG has a positive trend. |
| Stochastics (14,3) | 35.51 | NEUTRAL | The Stochastics value for SLG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for SLG suggests some volalility. |
| Average Directional Index/ADX (14) | 38.83 | POSITIVE | The high ADX value value for SLG suggests a strong trend. |
47.26
+0.48 (+1.03%)
SL GREEN REALTY CORP / SLG FAQ
What is the ChartMill technical rating of SL GREEN REALTY CORP (SLG) stock?
ChartMill assigns a technical rating of 0 / 10 to SLG.
Can you provide the trend direction for SL GREEN REALTY CORP?
The current trend direction for SL GREEN REALTY CORP (SLG) is Bearish.
What is the RSI signal for SLG stock?
SL GREEN REALTY CORP (SLG) has an RSI value of 43.097. This indicates that the stock is currently neutral.
What is the MACD signal for SLG stock?
The MACD indicator for SL GREEN REALTY CORP (SLG) has a value of 0.136647, indicating a bearish trend.
Can you provide the short term momentum for SL GREEN REALTY CORP?
The short term momentum for SL GREEN REALTY CORP (SLG) is negative.