SLM CORP (SLM) Technical Analysis
NASDAQ:SLM • US78442P1066
Current stock price
SLM Technical Rating and Analysis
Overall SLM gets a technical rating of 1 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SLM is a bad performer in the overall market: 85% of all stocks are doing better.
- SLM is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 66% are performing better than SLM.
- SLM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLM is lagging the market.
- In the last month SLM has a been trading in the 18.83 - 21.97 range, which is quite wide. It is currently trading near the high of this range.
- SLM has an average volume of 4278750 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
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
SLM Support and Resistance Analysis
18.55
2 important support areas can be observed.
- A support zone ranging from 20.20 to 20.29. 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.
We can see 5 important resistance areas.
- A resistance zone ranging from 21.65 to 21.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.77 from a trend line in the daily time frame.
- Resistance @27.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 28.18 to 28.25. 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 | 15.17 | NEGATIVE | SLM has a low relative strength, it was outperformed by 84.83% 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) | 55.85 | NEUTRAL | The RSI value for SLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests SLM has a positive trend. |
| Stochastics (14,3) | 86.9 | OVERBOUGHT | The high Stochastics value suggests SLM may be overbought. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for SLM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.22 | NEUTRAL | The ADX value for SLM suggests a possible start of a new trend. |
SLM Chart- and CandleStick Pattern Analysis
SLM Technicals: Chart, Performance Metrics, Trend & Indicators
21.64
-0.1 (-0.46%)
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 55.8466. 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 0.401239, indicating a bearish trend.