SIMON PROPERTY GROUP INC (SPG)

US8288061091 - REIT

141.2  +1.02 (+0.73%)

Technical Rating and Analysis

4

Taking everything into account, SPG scores 4 out of 10 in our technical rating. SPG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month SPG has a been trading in the 139.25 - 151.75 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that SPG is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by SPG over the past year are nicely spread over this period.
SPG is one of the better performing stocks in the Diversified REITs industry, it outperforms 86% of 126 stocks in the same industry.
SPG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPG is performing more or less in line with the market.
SPG has an average volume of 1397990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
SPG Weekly chart
SPG Daily chart
Setup Rating and Analysis

5

SPG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 140.17, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

102.45

158.07

5 important support areas can be observed.

  • A support zone ranging from 140.09 to 140.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @136.79 from a horizontal line in the daily time frame.
  • Support @112.71 from a trend line in the weekly time frame.
  • Support @107.65 from a trend line in the weekly time frame.
  • Support @103.48 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 142.04 to 144.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @152.41 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 156.50 to 156.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.94
Mansfield0.23
10 Day High144.84
10 Day Low139.25
20 Day High151.75
20 Day Low139.25
52 Week High157.82
52 Week Low100.17
Performance
1 Week-1.84%
2 Weeks-0.54%
1 Month-6.39%
3 Month1.62%
6 Month18.91%
12 Month27.96%
2 Year22.27%
3 Year9.1%
5 Year-13.52%
10 Year-15.79%
15 Year162.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)38.32
LBB138.9
UBB145.23
SPG Daily chart

SIMON PROPERTY GROUP INC

NYSE:SPG (5/2/2024, 2:55:05 PM)

141.2

+1.02 (+0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.73%
1 Week-1.84%
2 Weeks-0.54%
1 Month-6.39%
3 Month1.62%
6 Month18.91%
12 Month27.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.86
ATR(20)%2.18%
ATR Inc
Range Today2.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High144.84
10 Day Low139.25
20 Day High151.75
20 Day Low139.25
52 Week High157.82
52 Week Low100.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume818.85K
Volume Incr19.12%
Vol(5)1.41M
Vol(50)1.40M