SLM Corp.(SLM) has rising momentum with an uptrend

(23-May-2008) (23-May-2008) SLM Corp.(SLM) closed at 23.37, up 0.04 or 0.17 % for the day. Based on our analysis, SLM Corp.(SLM) has rising momentum with an uptrend.

The closing price of SLM Corp.(SLM) is above its 50 day moving average of 19.04 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that SLM Corp.(SLM) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 23-May-2008, about 4 trading days ago.