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SL Green Realty Bearish Moving Average Crossover Alert (SLG)

By James Quinn

Today, shares of SL Green Realty (NYSE:SLG) have fallen below their 10-day MA of $101.27 on a volume of 125K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, SL Green Realty share prices have been bracketed by a low of $80.12 and a high of $124.96 and are now at $99.85, 25% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.4%.

SmarTrend is tracking the current trend status for SL Green Realty and will alert subscribers who have SLG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses sl green realty

Ticker(s): SLG