SL GREEN REALTY CORP - Daily - Technical analysis published on 10/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 80.54 USD
My targets
76.79 USD (-3.84%)
55.14 USD (-30.95%)
My analysis
There is a bearish trend on SL GREEN REALTY CORP both at the basic level and in the short term. A sale could be considered, so long as the price remains below 80.54 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 76.79 USD. Then the price could move towards 55.14 USD. Then 40.24 USD by extension. Be careful, a return to above the resistance 80.54 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
5.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SL GREEN REALTY CORP rating 79.86 USD. The price has increased by +0.23% since the last closing and was between 79.82 USD and 80.58 USD. This implies that the price is at +0.05% from its lowest and at -0.89% from its highest.79.82
80.58
79.86
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of SL GREEN REALTY CORP indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 40.24 | 55.14 | 76.79 | 79.86 | 80.54 | 82.30 | 86.65 |
| Change (%) | -49.61% | -30.95% | -3.84% | - | +0.85% | +3.06% | +8.50% |
| Change | -39.62 | -24.72 | -3.07 | - | +0.68 | +2.44 | +6.79 |
| Level | Minor | Minor | Intermediate | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.34 | 78.91 | 79.29 | 79.86 | 80.24 | 80.81 | 81.19 |
| Camarilla | 79.42 | 79.51 | 79.59 | 79.68 | 79.77 | 79.85 | 79.94 |
| Woodie | 78.26 | 78.86 | 79.21 | 79.81 | 80.16 | 80.76 | 81.11 |
| Fibonacci | 78.91 | 79.27 | 79.49 | 79.86 | 80.22 | 80.44 | 80.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.37 | 75.66 | 78.07 | 80.36 | 82.76 | 85.05 | 87.46 |
| Camarilla | 79.18 | 79.61 | 80.04 | 80.47 | 80.90 | 81.33 | 81.76 |
| Woodie | 73.43 | 75.69 | 78.12 | 80.39 | 82.82 | 85.08 | 87.51 |
| Fibonacci | 75.66 | 77.46 | 78.57 | 80.36 | 82.15 | 83.26 | 85.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.95 | 76.79 | 79.27 | 81.12 | 83.60 | 85.44 | 87.92 |
| Camarilla | 80.56 | 80.96 | 81.35 | 81.75 | 82.15 | 82.54 | 82.94 |
| Woodie | 75.26 | 76.95 | 79.59 | 81.28 | 83.91 | 85.60 | 88.24 |
| Fibonacci | 76.79 | 78.45 | 79.47 | 81.12 | 82.77 | 83.79 | 85.44 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.51 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 0.81 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 80.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 82.20 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 78.44 | |
| Zig ZAG (10): | 79.86 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 42.63 | |
| TEMA (21): | 80.17 | |
| Williams %R (14): | -55.80 | |
| Chande Momentum Oscillator (20): | -0.49 | |
| Repulse (5,40,3): | -0.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.15 |
| MA7: | 79.68 | |
| MA20: | 80.53 | |
| MA50: | 79.17 | |
| MA100: | 80.97 | |
| MAexp7: | 80.03 | |
| MAexp20: | 80.17 | |
| MAexp50: | 80.12 | |
| MAexp100: | 81.10 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | -0.83% | |
| Price / MA50: | +0.87% | |
| Price / MA100: | -1.37% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.39% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | -1.53% |
News
The last news published on SL GREEN REALTY CORP at the time of the generation of this analysis was as follows:
- SL Green Realty Corp. to Release Third Quarter 2019 Financial Results After Market Close on October 16, 2019
- SL Green Announces Sale of 220 East 42nd Street
- SL Green Realty Corp. Announces Common and Preferred Stock Dividends for Third Quarter 2019
- SL Green’s One Vanderbilt Avenue Tops Out at 1,401 Feet
- Sl Green Realty Corp. to Participate in the Bank of America Merrill Lynch 2019 Global Real Estate Conference, September 10, 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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