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Bullish Moving Average Cross by Sl Green Realty (SLG)

By James Quinn

Today, shares of Sl Green Realty (NYSE:SLG) have crossed bullishly above their 10-day moving average of $82.26 on a volume of 170K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Sl Green Realty has traded in a range of $75.45 to $105.00 and is now at $82.36, 9% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.3%.

SmarTrend is monitoring the recent change of momentum in Sl Green Realty. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Sl Green Realty in search of a potential trend change.

Keywords: moving crosses sl green realty

Ticker(s): SLG