Do Traders Think SL Green Realty Corp (SLG) Can Keep Climbing Friday?

The market has been high on SL Green Realty Corp (SLG) stock recently. SLG gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

SL Green Realty Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SLG!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SLG Stock Today?

SL Green Realty Corp (SLG) stock is trading at $40.61 as of 12:37 PM on Friday, Dec 1, a gain of $4.04, or 11.05% from the previous closing price of $36.57. The stock has traded between $36.10 and $40.74 so far today. Volume today is below average. So far 1,114,992 shares have traded compared to average volume of 1,825,428 shares. To screen for more stocks like SL Green Realty Corp click here.

More About SL Green Realty Corp

SL Green is one of the largest Manhattan property owner and landlord, with interest in around 35 million square feet of wholly owned and joint venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust. Click Here to get the full Stock Report for SL Green Realty Corp stock.