SL GREEN REALTY CORP (SLG) Stock Technical Analysis
USA - NYSE:SLG - US78440X8873 - REIT
61.66 USD
-1.37 (-2.17%)
62.89 USD
+1.23 (+1.99%)
Overall SLG gets a technical rating of 6 out of 10. Although SLG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, SLG is a bad performer in the overall market: 84% of all stocks are doing better.
SLG is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 71% are performing better than SLG.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
SLG has an average volume of 1054830 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.
In the last month SLG has a been trading in the 55.04 - 66.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
49.08
68.06
4 important support areas can be observed.
- Support @61.65 from a horizontal line in the daily time frame.
- Support @54.97 from a trend line in the weekly time frame.
- A support zone ranging from 52.61 to 53.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 65.39 to 65.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.39 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SLG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLG is up. |
| ChartMill Relative Strength | 16.96 | NEGATIVE | SLG has a low relative strength, it was outperformed by 83.04% 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 | MIXED | The current price of SLG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.16 | NEUTRAL | The RSI value for SLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests SLG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.27 | NEUTRAL | The Stochastics value for SLG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SLG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.08 | POSITIVE | The high ADX value value for SLG suggests a strong 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)
61.66
-1.37 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.17%
1 Week-6.11%
2 Weeks-0.53%
1 Month12.52%
3 Month-4.15%
6 Month7.44%
12 Month-14.35%
2 Year65.31%
3 Year53.54%
5 Year29.03%
10 Year-44.68%
15 Year-5.53%
Volatility
ATR(14)2.27
ATR(20)%3.24%
ATR Inc-12.04%
Range Today1.87
ADR(20)1.79
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.96
Mansfield-1.33
10 Day High66.29
10 Day Low59.12
20 Day High66.29
20 Day Low55.04
52 Week High82.81
52 Week Low45.15
CS1 End61.65
CR1 Start65.39
Volume & EV
DER(3)-0.94%
DER(5)-0.95%
Volume2.14M
Volume Incr68.36%
Vol(5)1.56M
Vol(50)1.05M