Why is SLG Down Today?

SLG
$47.69
▼ -2.52% ($-1.20)
Last updated: Oct 01, 2026 6:36 PM ET (766 min ago)

About SL Green Realty Corp.

SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 32 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...

Sector: REAL ESTATE INVESTMENT TRUSTS
Market Cap: $4.30B
Forward P/E: -39.0
52-Week Range: $34.77 - $60.82
Employees: 1,221

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 REAL ESTATE INVESTMENT TRUSTS sector moving together
This appears to be a sector-wide move. The REAL ESTATE INVESTMENT TRUSTS sector is down 1.0% on average.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

REAL ESTATE INVESTMENT TRUSTS sector: -1.0%

This appears to be a sector-wide move. Most REAL ESTATE INVESTMENT TRUSTS stocks are moving in the same direction.

Market Comparison

SLG is significantly underperforming the market (-2.7% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
SLG
This Stock
-2.52%
vs S&P 500: -2.7%
vs Nasdaq: -2.83%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, SLG is expected to trade between:
$46.25 - $48.64

Key Level to Watch

$45.30 support
Watch for breakdown below $47.69

🔔 Get SLG Alerts

We'll notify you when SLG's trend changes or a new signal fires.

Last updated: Oct 01, 2026 6:36 PM (766 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bearish
Options Sentiment
2.68
Put/Call Ratio
71.9%
Implied Volatility
Call Volume: 2,605
Put Volume: 6,986
Total: 9,591
Unusual Activity: $47.5 PUT (4,565 vol)

Historical Context

SLG has moved more than 3.0% down on 24 occasions in the past year.

54.2%
Continuation Rate
13/24 times continued down
-0.11%
Avg Next Day Change
After similar down moves
Last similar move: Sep 28, 2026 (-3.3%) → Next day: -0.6%

Frequently Asked Questions

Why is SLG stock down today?

This appears to be a sector-wide move. The REAL ESTATE INVESTMENT TRUSTS sector is down 1.0% on average.

Is SLG stock a buy or sell right now?

Based on current analysis, SLG shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the SLG stock price target?

SLG is currently trading at $47.69. Based on today's momentum, the expected short-term range is $46.25 - $48.64. See long-term price prediction →

Will SLG stock continue falling?

Our analysis shows a 45% probability that SLG's move continues in the next 1-3 days. Key level to watch: $45.30 (support).

Is SLG stock oversold or overbought?

SLG's RSI (Relative Strength Index) is currently at 33.3. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for SLG stock?

SLG's 10-day momentum indicator is at -3.58. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is SLG outperforming or underperforming the market?

SLG (-2.52%) is currently significantly underperforming the market (-2.7% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for SLG?

SLG's MACD (-1.5) is currently below the signal line (-1.17), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 33.8) is strong.

Is SLG in an uptrend or downtrend?

Based on moving average analysis, SLG is in a bearish trend. The price ($47.69) is trading below both the 20-day SMA ($51.69) and 50-day SMA ($54.2). This alignment typically indicates sustained downward pressure.

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