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Sl Green Realty Bullish Moving Average Crossover Alert (SLG)

By James Quinn

Sl Green Realty (NYSE:SLG) shares have crossed bullishly above their 10-day moving average of $92.58 on a volume of 295K 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.

Over the past year, Sl Green Realty has traded in a range of $89.46 to $106.54 and is now at $93.12, 4% above that low. The 200-day and 50-day moving averages have moved 0.14% lower and 0.81% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Sl Green Realty on September 7th, 2018 by issuing a Downtrend alert when the shares were trading at $101.74. Since that call, shares of Sl Green Realty have fallen 9.4%. 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