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Sl Green Realty Bullish Moving Average Crossover Alert (SLG)

By David Diaz

Today, shares of Sl Green Realty (NYSE:SLG) have crossed bullishly above their 10-day moving average of $81.50 on a volume of 127K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Sl Green Realty have traded between a low of $76.77 and a high of $106.54 and are now at $82.12, which is 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Sl Green Realty on June 21st, 2019 by issuing a Downtrend alert when the shares were trading at $84.92. Since that call, shares of Sl Green Realty have fallen 4.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses sl green realty

Ticker(s): SLG