SLM CORP (SLM) Stock Technical Analysis
NASDAQ:SLM - Nasdaq - US78442P1066 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SLM. Although SLM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that SLM is one of the better performing stocks in the market, outperforming 87% of all stocks.
SLM has an average volume of 3243230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SLM is an average performer in the Consumer Finance industry, it outperforms 67% of 53 stocks in the same industry.
SLM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SLM has a been trading in the 23.81 - 30.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SLM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.46, a Stop Loss order could be placed below this zone.
More info and screens
23.46
30.72
We found 3 important support areas.
- A support zone ranging from 25.26 to 25.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.84 from a horizontal line in the daily time frame.
- Support @23.70 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 29.02 to 29.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.42 to 30.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.44
Mansfield1.75
10 Day High27.6
10 Day Low23.81
20 Day High30.82
20 Day Low23.81
52 Week High32.65
52 Week Low19.39
Performance
1 Week3.88%
2 Weeks-2.16%
1 Month-10.34%
3 Month-4.29%
6 Month15.38%
12 Month26.98%
2 Year78.3%
3 Year60.07%
5 Year221.1%
10 Year162.81%
15 Year512.61%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)45.2
LBB23.54
UBB30.19
26.78
+0.5 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.9%
1 Week3.88%
2 Weeks-2.16%
1 Month-10.34%
3 Month-4.29%
6 Month15.38%
12 Month26.98%
2 Year78.3%
3 Year60.07%
5 Year221.1%
10 Year162.81%
15 Year512.61%
Volatility
ATR(14)1.79
ATR(20)%5.58%
ATR Inc-56.23%
Range Today0.9
ADR(20)1.34
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.44
Mansfield1.75
10 Day High27.6
10 Day Low23.81
20 Day High30.82
20 Day Low23.81
52 Week High32.65
52 Week Low19.39
CS1 End25.46
CR1 Start29.02
Volume & EV
DER(3)2.33%
DER(5)0.99%
Volume1.98M
Volume Incr-49.74%
Vol(5)1.93M
Vol(50)3.24M