SL Green Realty Technical Analysis (NYSE:SLG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The SLG stock chart pattern can give those who understand technical analysis an indication of which way SLG stock is headed, but cannot predict with 100% certainty as to what can happen to the SL Green Realty stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for SL Green Realty. The technical analysis form of SL Green Realty stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
SL Green Realty Moving Average
Moving averages show the SLG stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $102.19 is above the last closing price of $99.34 and the 50 day moving average of $102.57 is above the last closing price of $99.34. The 10 and 20 day periods can predict short term moving average trends.
SL Green Realty Bollinger Bands
Bollinger bands comprise of a center line usually SLG SMA, and two SLG stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. SL Green Realty bollinger bands show that the stock price is $99.34, upper band is 105.36, lower band is 99.02, and the average is 102.19.
SL Green Realty Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The SL Green Realty MACD line is above the signal line.
SL Green Realty Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of SLG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.