SLM CORP - SLM 6.26089 PERP (SLMBP) Stock Technical Analysis
NASDAQ:SLMBP - Nasdaq - US78442P5026 - Currency: USD
Taking everything into account, SLMBP scores 8 out of 10 in our technical rating. Although SLMBP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
SLMBP is part of the Consumer Finance industry. There are 52 other stocks in this industry, of which 70% are performing better than SLMBP.
Warning: SLMBP has an average volume of 7556 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, SLMBP turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
SLMBP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLMBP is lagging the market.
In the last month SLMBP has a been trading in the 74.99 - 83.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SLMBP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 75.66, a Stop Loss order could be placed below this zone.
More info and screens
67.13
80.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 73.63 to 75.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.94 to 70.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @67.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 78.42 to 79.61. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SLMBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLMBP is up. |
| ChartMill Relative Strength | 48.85 | NEUTRAL | SLMBP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SLMBP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLMBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLMBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for SLMBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SLMBP has a negative trend. |
| Stochastics (14,3) | 30.99 | NEUTRAL | The Stochastics value for SLMBP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for SLMBP suggests low volalility. |
| Average Directional Index/ADX (14) | 25.4 | POSITIVE | The high ADX value value for SLMBP 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 78.43 | 76.09 | 2.34 (2.98%) | 25.00% |
| An entry @78.43. This is a Buy Stop order right above the 10 day moving average. | An exit @76.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.34 points, which is 2.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- The distance between exit and entry is rather small compared to the average daily movement of SLMBP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:SLMBP (6/11/2025, 8:19:04 PM)
76.685
-0.77 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.99%
1 Week-3.54%
2 Weeks0.14%
1 Month1.57%
3 Month2.26%
6 Month3.63%
12 Month2.74%
2 Year40.97%
3 Year34.89%
5 Year133.23%
10 Year29.54%
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%1.59%
ATR Inc11.31%
Range Today1.55
ADR(20)1.16
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.85
Mansfield-0.28
10 Day High83.15
10 Day Low76.1
20 Day High83.15
20 Day Low74.99
52 Week High83.15
52 Week Low65.5
CS1 End75.66
CR1 Start78.42
Volume & EV
DER(3)-3.41%
DER(5)-0.57%
Volume9.00K
Volume Incr-21.63%
Vol(5)8.64K
Vol(50)7.56K