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Archive - 3/21/2025 - 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 a first positive week for the SL Green Realty (SLG). During the week, the SLG gained 0.64 points, or 1.13%, and closed at 57.39 on Friday, March 21, 2025. SLG was trading at average weekly trading volume.
Long-term trend: [See SLG long-term trend chart] A long-term uptrend had started on March 24, 2023 at 19.07 and reached 82.81 on November 11, 2024. SLG gained -63.74 points, or -334.24%, in 85 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 49.99 and resistance is at 94.92. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See SLG medium-term trend chart] A medium-term downtrend had started on January 30, 2025 at 68.14 and reached 55.31 on March 13, 2025. SLG lost 12.83 points, or 18.83%, in 6 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 56.66 and resistance is at 59.23. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See SLG weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 below its signal line since December 6, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 March 13, 2025 at 55.31 and reached 59.21 on March 19, 2025. SLG gained -3.90 points, or -7.05%, in 6 days. The price is now at the 46.67% retracement level.
Daily Technical Indicators: [See SLG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since February 28, 2025. The distance between MACD and the signal line is low and getting smaller.
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