Technical Analysis for SLMAP - SLM Corporation - 6.97% Cumulative Redeemable Preferred Stock, Series A
|Grade||Last Price||% Change||$ Change|
SLMAP closed down 0.29 percent on Wednesday, March 22, 2017, on 13 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Trend Table & Recent Alerts
|See historical SLMAP trend table...|
|Date||Alert Name||Type||% Chg|
|Mar 22||50 DMA Resistance||Bearish||0.00%|
|Mar 22||Shooting Star Candlestick||Bearish||0.00%|
|Mar 22||Doji - Bearish?||Reversal||0.00%|
|Mar 21||50 DMA Resistance||Bearish||-0.29%|
|Mar 21||Doji - Bearish?||Reversal||-0.29%|
|Mar 20||Narrow Range Bar||Range Contraction||0.08%|
|Mar 20||180 Bearish Setup||Bearish Swing Setup||0.08%|
|Mar 16||Fell Below 50 DMA||Bearish||-0.14%|
|Mar 16||Narrow Range Bar||Range Contraction||-0.14%|
|Mar 15||Crossed Above 50 DMA||Bullish||-0.49%|
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SLM Corporation, also known as Sallie Mae, originates, acquires, finances, and services private education loans in the United States. The company operates through three segments: Consumer Lending, Business Services, and FFELP Loans. It also provides servicing, loan default aversion, and defaulted loan collection services for loans owned by the Department of Education (ED), Guarantors of FFELP Loans, and other institutions. In addition, the company offers processing capabilities to educational institutions, 529 college-savings plan program management services, and a consumer savings network. Further, it provides campus solutions, such as electronic billing, collection, payment and refund, and tuition payment plan administration services. The company promotes its products through the financial aid offices on campuses, as well as through direct marketing to students and their families. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Is SLMAP a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more SLMAP news...
|52 Week High||54.77|
|52 Week Low||45.5|
|200-Day Moving Average||50.2458|
|50-Day Moving Average||50.9007|
|20-Day Moving Average||50.9757|
|10-Day Moving Average||50.8953|
|Average True Range||0.5915|
|Chandelier Exit (Long, 3 ATRs)||49.9955|
|Chandelier Exit (Short, 3 ATRs)||51.7745|
|Upper Bollinger Band||51.4844|
|Lower Bollinger Band||50.467|
|Percent B (%b)||0.23|