The Hourly View for SLG
At the time of this writing, SLG (Get Ratings)’s price is up $0.88 (1.13%) from the hour prior. This is the 2nd hour in a row SLG has seen its price head up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
SLG ranks 26th in terms of today’s price percentage change out of Trading stocks.
SLG’s Technical Outlook on the Daily Chart
At the time of this writing, SLG’s price is up $0.96 (1.24%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. Most noteworthy in the world of moving averages on the daily chart is that the 50 day moving average has been crossed, with price now being above it. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Sl Green Realty Corp’s price action over the past 90 days can be seen via the chart below.
SLG: Daily RSI Analysis
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