Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

SLM Corporation (NASDAQ:SLM)

Countertrend Up (+85) - SLM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SLM?

MarketClub looks at technical strength and momentum to determine if the timing is right for SLM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SLM
Open High Low SLM Price Change
21.56 21.85 21.55 21.77 +0.14
Entry Signal

MarketClub’s Trade Triangles for SLM

long term up The long-term trend has been UP since Dec 1st, 2023 at 15.24

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 21.82

short term down The short-term trend has been DOWN since May 8th, 2024 at 21.59

Smart Scan Analysis for SLM

Based on our trend formula, SLM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SLM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.56 21.85 21.55 21.77 +0.14
Prev. Close Volume Bid Ask Time
21.76 1234533 2024-05-08 15:59:40
Year High12.46Year High Date2018-04-24
Year Low9.78Year Low Date2018-11-20
52wk High22.7452wk High Date2024-05-07
52wk Low12.2652wk Low Date2023-10-26
Year End Close17.13Average Volume1,505,423
Shares Outstanding220,350Short Interest4,653,956
% Institutional95Market Cap3,911M
Assets282,772,820MLiabilities261,635,430M
P/E Ratio6.7594Beta1.24
Volatility29.99
Get a free daily analysis and signals for SLM Corporation (SLM) - Request Your Free Report.