SL GREEN REALTY CORP (SLG) Stock Technical Analysis
NYSE:SLG - New York Stock Exchange, Inc. - US78440X8873 - REIT - Currency: USD
Taking everything into account, SLG scores 2 out of 10 in our technical rating. SLG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month SLG has a been trading in the 53.50 - 59.73 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, SLG turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
SLG is an average performer in the Diversified REITs industry, it outperforms 56% of 129 stocks in the same industry.
SLG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLG is lagging the market slightly.
SLG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
49.08
60.01
We found 4 important support areas.
- A support zone ranging from 56.41 to 56.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 55.15 to 55.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @51.51 from a trend line in the weekly 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 57.11 to 57.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 58.83 to 59.42. 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 | 40.91 | NEUTRAL | SLG is not amongst the best or worst performers 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) | 52 | NEUTRAL | The RSI value for SLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SLG has a negative trend. |
| Stochastics (14,3) | 58.26 | NEUTRAL | The Stochastics value for SLG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for SLG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.24 | NEGATIVE | The low ADX value for SLG suggests a weak or negative 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)
56.77
-1.34 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.31%
1 Week2.79%
2 Weeks-2.14%
1 Month6.07%
3 Month-12.04%
6 Month-27.39%
12 Month7.17%
2 Year145.44%
3 Year-8.09%
5 Year30.78%
10 Year-53.58%
15 Year-11.57%
Volatility
ATR(14)1.71
ATR(20)%2.88%
ATR Inc6%
Range Today2.01
ADR(20)1.43
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.91
Mansfield-1.41
10 Day High59.25
10 Day Low54.26
20 Day High59.73
20 Day Low53.5
52 Week High82.81
52 Week Low45.15
CS1 End56.74
CR1 Start57.11
Volume & EV
DER(3)-0.57%
DER(5)-0.43%
Volume1.35M
Volume Incr14.47%
Vol(5)836.86K
Vol(50)909.81K