SLM CORP (SLM) Stock Technical Analysis
USA - NASDAQ:SLM - US78442P1066 - Common Stock
25.19 USD
-1.11 (-4.22%)
25.19 USD
0 (0%)
Overall SLM gets a technical rating of 0 out of 10. SLM'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 negative, as is the long term trend. There should be more interesting stocks out there.
77% of all other stocks performed better in the past year than SLM.
SLM is one of the lesser performing stocks in the Consumer Finance industry. 74% of 55 stocks in the same industry do better.
In the last month SLM has a been trading in the 25.13 - 28.70 range, which is quite wide. It is currently trading near the lows of this range.
SLM has an average volume of 2723890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLM is lagging the market.
The technical rating of SLM 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
24.93
31.22
We found 1 important support area.
- A support zone ranging from 25.18 to 25.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.43 to 28.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.91 from a trend 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 | DOWN | NEGATIVE | The long term trend for SLM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLM is down. |
| ChartMill Relative Strength | 23.94 | NEGATIVE | SLM has a low relative strength, it was outperformed by 76.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLM is below a declining 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) | 27.63 | OVERSOLD | The low RSI value suggests SLM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SLM has a negative trend. |
| Stochastics (14,3) | 24.13 | NEUTRAL | The Stochastics value for SLM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for SLM suggests some volalility. |
| Average Directional Index/ADX (14) | 46.87 | POSITIVE | The high ADX value value for SLM 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)
25.19
-1.11 (-4.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-4.22%
1 Week-4.73%
2 Weeks-7.49%
1 Month-11.46%
3 Month-23.27%
6 Month-5.94%
12 Month8.53%
2 Year93.77%
3 Year51.84%
5 Year174.1%
10 Year256.8%
15 Year492.71%
Volatility
ATR(14)0.84
ATR(20)%3.01%
ATR Inc6.45%
Range Today1.21
ADR(20)0.76
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.94
Mansfield-2.13
10 Day High27.87
10 Day Low25.13
20 Day High28.7
20 Day Low25.13
52 Week High34.97
52 Week Low21.1
CS1 End25.18
CR1 Start28.43
Volume & EV
DER(3)5.64%
DER(5)2.77%
Volume2.47M
Volume Incr-16.92%
Vol(5)2.87M
Vol(50)2.72M