SLM CORP (SLM) Technical Analysis
NASDAQ:SLM • US78442P1066
Current stock price
21.95 USD
+0.48 (+2.24%)
At close:
21.95 USD
0 (0%)
After Hours:
SLM Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SLM. SLM 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 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.
- 85% of all other stocks performed better in the past year than SLM.
- SLM is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 64% are performing better than SLM.
- SLM 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.
- SLM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- SLM has an average volume of 4135540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLM Weekly and Daily overview Charts
SLM Setup Rating and Analysis
SLM 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
SLM Support and Resistance Analysis
18.55
32.09
We found 2 important support areas.
- A support zone ranging from 20.56 to 20.83. 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 18.74 to 18.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 21.96 to 22.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.31 from a trend line in the daily time frame.
- A resistance zone ranging from 27.66 to 28.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.77 from a horizontal line in the daily time frame.
SLM 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 | DOWN | NEGATIVE | The long term trend for SLM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLM is neutral. |
| ChartMill Relative Strength | 15.57 | NEGATIVE | SLM has a low relative strength, it was outperformed by 84.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.11 | NEUTRAL | The RSI value for SLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests SLM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.86 | NEUTRAL | The Stochastics value for SLM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SLM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.4 | NEUTRAL | The ADX value for SLM suggests a possible start of a new trend. |
SLM Chart- and CandleStick Pattern Analysis
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)
SLM Technicals: Chart, Performance Metrics, Trend & Indicators
21.95
+0.48 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg2.24%
1 Week-0.95%
2 Weeks7.81%
1 Month11.2%
3 Month-18.25%
6 Month-14.56%
12 Month-18.04%
2 Year3.59%
3 Year46.14%
5 Year11.65%
10 Year224.23%
15 Year270.46%
Volatility
ATR(14)0.76
ATR(20)%3.27%
ATR Inc-19.21%
Range Today0.86
ADR(20)0.7
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.57
3 months CRS18.93
6 months CRS24.13
Mansfield-2.63
10 Day High22.86
10 Day Low20.45
20 Day High22.86
20 Day Low19.43
52 Week High34.97
52 Week Low17.77
CS1 End20.83
CR1 Start21.96
Volume & EV
DER(3)2.23%
DER(5)0.47%
Volume3.49M
Volume Incr-22.31%
Vol(5)3.07M
Vol(50)4.14M
SLM CORP / SLM TA FAQ
Can you provide the ChartMill technical rating for SLM CORP?
ChartMill assigns a technical rating of 1 / 10 to SLM.
Can you provide the trend direction for SLM CORP?
The current trend direction for SLM CORP (SLM) is Bearish.
What is the RSI signal for SLM CORP (SLM) stock?
SLM CORP (SLM) has an RSI value of 57.1117. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SLM CORP?
The MACD indicator for SLM CORP (SLM) has a value of 0.234047, indicating a bearish trend.