SL Green Realty Corp

SLG has broken sharply below its 9-EMA, 20-EMA, and 50-SMA on heavy volume, triggering a support failure pattern that invalidates the prior bullish medium-term bias. Short-term trend is firmly down, and medium-term structure now favors further downside toward 52.80 and potentially the 200-SMA near 46.04. Execution should focus on resistance retests at the fallen EMAs for bearish entry.

• ↑Q2 FFO $1.43/sh, +20% vs est, 2026 FFO raised to $5.60–$5.90.
• ↑Signed 53 Manhattan leases; occupancy at 94.7%, rents +18%.
• ↓Analysts forecast ~9.4% annual revenue drop over next three years.