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Downtrend ResistanceArchive - 3/15/2024 - Sign In to see current Signals. |
SL Green Realty (SLG) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the SL Green Realty (SLG). During the week, the SLG dropped -1.24 points, or -2.40%, and closed at 50.52 on Friday, March 15, 2024. Weekly volume was -49% below average. Long-term trend: [See SLG long-term trend chart] A long-term uptrend had started on March 24, 2023 at 19.07 and reached 52.50 on March 13, 2024. SLG gained -33.43 points, or -175.30%, in 50 weeks. The price is now at the 5.92% retracement level. Medium-term trend: [See SLG medium-term trend chart] A medium-term uptrend had started on November 1, 2023 at 28.55 and reached 52.50 on March 13, 2024. SLG gained -23.95 points, or -83.89%, in 19 weeks. The price is now at the 8.27% retracement level. Weekly Technical Indicators: [See SLG weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help. Short-term trend: [See SLG short-term trend chart] A short-term uptrend had started on February 7, 2024 at 41.88 and reached 52.50 on March 13, 2024. SLG gained -10.62 points, or -25.36%, in 35 days. The chart has formed a Rising Channel chart pattern. Daily Technical Indicators: [See SLG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since February 15, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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