SIMON PROPERTY GROUP INC (SPG) Stock Technical Analysis
NYSE:SPG - US8288061091 - REIT
183.9 USD
+4.67 (+2.61%)
183.9 USD
0 (0%)
Overall SPG gets a technical rating of 8 out of 10. Although SPG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
SPG is one of the better performing stocks in the Diversified REITs industry, it outperforms 89% of 129 stocks in the same industry.
SPG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPG is lagging the market slightly.
In the last month SPG has a been trading in the 170.49 - 184.78 range, which is quite wide. It is currently trading near the high of this range.
SPG has an average volume of 1545990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SPG did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although SPG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
144.63
189.67
We found 5 important support areas.
- A support zone ranging from 167.88 to 172.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @160.67 from a horizontal line in the weekly time frame.
- A support zone ranging from 156.76 to 156.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @149.11 from a trend line in the weekly time frame.
- Support @146.09 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 186.10 to 187.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SPG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPG is up. |
| ChartMill Relative Strength | 71.13 | POSITIVE | SPG has a high relative strength, it outperformed 71.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.73 | NEUTRAL | The RSI value for SPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SPG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.68 | NEUTRAL | The Stochastics value for SPG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for SPG suggests low volalility. |
| Average Directional Index/ADX (14) | 34.18 | POSITIVE | The high ADX value value for SPG suggests a strong trend. |
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)
183.9
+4.67 (+2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.61%
1 Week1.31%
2 Weeks3.22%
1 Month6.55%
3 Month17.21%
6 Month14.07%
12 Month12.12%
2 Year70.23%
3 Year104.9%
5 Year184.32%
10 Year0.1%
15 Year98.3%
Volatility
ATR(14)2.88
ATR(20)%1.48%
ATR Inc27.68%
Range Today4.5
ADR(20)2.47
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.13
Mansfield-0.21
10 Day High184.78
10 Day Low177.01
20 Day High184.78
20 Day Low170.49
52 Week High190.14
52 Week Low136.34
CS1 End172.05
CR1 Start186.1
Volume & EV
DER(3)0.8%
DER(5)-0.17%
Volume1.79M
Volume Incr29.59%
Vol(5)2.02M
Vol(50)1.55M