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SPG-PJ Stock Forecast & Simon Property Group Chart Analysis

This article provides a detailed analysis of SPG-PJ-Simon Property Group stock including a forecast for SPG-PJ shares. It features Simon Property Group, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

SPG-PJ Historical Data Review

SPG-PJ Current Price Performance Analysis

The Simon Property Group - SPG-PJ stock traded on the American stock market, on 06-05-2024, closed at 60.0$ with a %0.37 increased compared to the previous day.

In the last month, the price of SPG-PJ changed by %6.10 increased in value, from 56.55 dollars on 05-06-2024 to 60.0 dollars, increased.

Last year, the price of SPG-PJ was 54.28 dollars on 06-06-2023, and changed by %10.54 increased in value, to 60.0 dollars increased within a year.

The price of Simon Property Group stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

SPG-PJ with AI Stock Forecast & Price Target

SPG-PJ stock forecast Simon Property Group price target

On the SPG-PJ chart Simon Property Group price was recorded as 60.0 Dollars on 06/05/2024.

The artificial intelligence's forecast on SPG-PJ stock is as follows.

The artificial intelligence's prediction error margin for SPG-PJ stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Simon Property Group stock over the next 4 months is: 57.5 Dollars.

The commentary on SPG-PJ stock Target Price: Highest: 61.646 Dollars is predicted.

The commentary on SPG-PJ stock Target Price: Lowest: 54.586 Dollars is predicted.

Resistance Price where Simon Property Group stock will Rise and Fall:

Date Price Prediction
06-25-2024 61.646
09-03-2024 57.027
10-08-2024 57.815
01-16-2025 58.088
03-27-2025 57.635

Support Price where Simon Property Group stock will Fall and Rise:

Date Price Prediction
08-09-2024 56.503
09-13-2024 56.999
11-12-2024 54.586
02-20-2025 56.659
04-11-2025 57.307

The commentary on SPG-PJ stock: The target price can generally be said to be on the rise.

The commentary on SPG-PJ stock: Fluctuations in the target price can be expected in the coming days.

The target price for Simon Property Group stock by the end of 2024 is predicted to be 57.8 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on SPG-PJ stock, and the 2024 target price predictions for Simon Property Group are detailed above.

The technical analysis and charts for the commentary on SPG-PJ stock are below.

SPG-PJ Support & Resistance and Trend Analysis

SPG-PJ review Simon Property Group technical analysis trend chart SPG-PJ priceSPG-PJ stock support and resistance price chart

SPG-PJ stock you have reviewed the technical analysis support resistance charts regarding.

SPG-PJ : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SPG-PJ review, the Simon Property Group support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Simon Property Group Support and Resistance Prices:

SPG-PJ Support Level Price SPG-PJ Resistance Level Price
54.35 57.98
55.00 58.45
56.23 59.78
56.31 60.00
57.85 60.36
58.00 61.74
58.50 62.93
58.70 63.50
58.71 63.99
59.00 64.00
60.47

SPG-PJ Technical Analysis: SMA, RSI, MACD

SPG-PJ review Simon Property Group SMA chart analysis SPG-PJ priceSPG-PJ buy or sell review Simon Property Group MACD chart analysis SPG-PJ price

Upon reviewing the SPG-PJ chart, buy and sell signals have been generated in the Simon Property Group technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for SPG-PJ stock are as follows:
  1. SPG-PJ technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Simon Property Group gave a 'Buy' signal when the RSI was at 27.337, with the current RSI value at 50.0.
  3. The technical analysis for SPG-PJ indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for Simon Property Group issued a 'Buy' signal when the MACD was at 0.135, with the current MACD value being: 0.21

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Simon Property Group stock: Click here to read more predictions on Universal Music Group stock.

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