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SPG Stock Forecast & Simon Property Group Chart Analysis

This article provides a detailed analysis of SPG-Simon Property Group stock including a forecast for SPG 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 Historical Data Review

SPG Current Price Performance Analysis

The Simon Property Group - SPG stock traded on the American stock market, on 06-05-2024, closed at 153.45$ with a %0.64 increased compared to the previous day.

In the last month, the price of SPG changed by %6.24 increased in value, from 144.44 dollars on 05-06-2024 to 153.45 dollars, increased.

Last year, the price of SPG was 109.17 dollars on 06-06-2023, and changed by %40.56 increased in value, to 153.45 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 with AI Stock Forecast & Price Target

SPG stock forecast Simon Property Group price target

On the SPG chart Simon Property Group price was recorded as 153.45 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SPG 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: 147.5 Dollars.

The commentary on SPG stock Target Price: Highest: 159.611 Dollars is predicted.

The commentary on SPG stock Target Price: Lowest: 133.699 Dollars is predicted.

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

Date Price Prediction
06-20-2024 159.611
10-08-2024 155.534
12-12-2024 155.055

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

Date Price Prediction
08-19-2024 133.699
11-07-2024 144.827
02-25-2025 143.296

The commentary on SPG 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 151.343 Dollars.

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

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

SPG Support & Resistance and Trend Analysis

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

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

SPG : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SPG 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 Support Level Price SPG Resistance Level Price
113.40 122.89
135.15 146.63
138.76 146.91
139.25 151.48
144.56 152.24
146.33 153.50
147.42 157.82
147.85

SPG Technical Analysis: SMA, RSI, MACD

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

Upon reviewing the SPG 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 stock are as follows:
  1. The technical analysis for SPG indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for SPG indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Simon Property Group issued a 'Buy' signal when the MACD was at 0.408, with the current MACD value being: 1.501

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 Fortescue Ltd stock.

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