SLM Pref B: RSI Overbought, Bollinger Bands Narrowing on 15-Minute Chart

Thursday, Oct 9, 2025 2:02 pm ET1min read

According to the 15-minute chart of SLM Pref B, the Relative Strength Index (RSI) has reached an overbought level, and the Bollinger Bands have narrowed significantly as of October 9, 2025, at 14:00. This suggests that the stock price has increased rapidly and is now trading above its fundamental support level. Furthermore, the magnitude of the stock price fluctuations has decreased, indicating a possible reversal in the trend.

Sallie Mae (SLM) has seen significant adjustments to its price targets by analysts, with Barclays recently lowering its target despite maintaining an Overweight rating. On October 6, 2025, Barclays analyst Terry Ma reduced the price target from $43.00 to $35.00, representing an 18.60% decrease SLM Maintains Overweight Rating as Barclays Lowers Price Target | SLM Stock News[1].

The move comes amidst a series of recent changes in analyst ratings. For instance, Keefe, Bruyette & Woods lowered the price target from $37.00 to $31.00 on October 1, 2025, while Morgan Stanley reduced its target from $40.00 to $37.00 on September 29, 2025 SLM Maintains Overweight Rating as Barclays Lowers Price Target | SLM Stock News[1].

The current market conditions also suggest a potential shift in SLM's stock performance. According to the 15-minute chart of SLM Pref B, the Relative Strength Index (RSI) reached an overbought level, and the Bollinger Bands narrowed significantly as of October 9, 2025, at 14:00. This indicates a rapid price increase and a possible reversal in the trend .

Analysts' forecasts for SLM are mixed. The average one-year price target is $38.20, with a high estimate of $44.00 and a low estimate of $31.00. The consensus brokerage recommendation is "Outperform" SLM Maintains Overweight Rating as Barclays Lowers Price Target | SLM Stock News[1]. Meanwhile, GuruFocus estimates a GF Value of $19.84 for SLM, suggesting a downside of 27.79% from the current price SLM Maintains Overweight Rating as Barclays Lowers Price Target | SLM Stock News[1].

Investors should closely monitor these developments and consider the evolving analyst outlooks when making investment decisions.

Comments



Add a public comment...
No comments

No comments yet