SL Green Realty is a self-managed real estate investment trust. Co. is engaged in the acquisition, development, repositioning, ownership, management and operation of commercial and residential real estate properties, mainly office properties, located in the New York metropolitan area. Substantially all of Co.'s assets are held by, and all of its operations are conducted through, SL Green Operating Partnership, L.P. (the Operating Partnership).All of the management and leasing operations with respect to Co.'s properties are conducted through SL Green Management LLC (Management LLC). The Operating Partnership owns 100% of Management LLC.
When researching a stock like SL Green Realty, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from SLG Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for SLG stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the SLG 200 day moving average ("SLG 200 DMA"), while one of the most popular "shorter look-backs" is the SLG 50 day moving average ("SLG 50 DMA"). A chart showing both of these popular moving averages is shown on this page for SL Green Realty. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the SLG 200 DMA and the SLG 50 DMA, we get a moving average convergence divergence indicator ("SLG MACD"). The SLG MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |