SIMON PROPERTY GROUP INC. - Daily - Technical analysis published on 10/21/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
61%
11%
28%
My opinion
Neutral between 146.74 USD and 162.26 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 162.26 USD. The first support is located at 146.74 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by SIMON PROPERTY GROUP INC..
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SIMON PROPERTY GROUP INC. rating 152.16 USD. The price registered an increase of +1.49% on the session and was between 150.28 USD and 152.87 USD. This implies that the price is at +1.25% from its lowest and at -0.46% from its highest.150.28
152.87
152.16
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SIMON PROPERTY GROUP INC.:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of SIMON PROPERTY GROUP INC. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 77.25 | 123.78 | 146.74 | 152.16 | 162.26 | 173.46 | 180.06 |
| Change (%) | -49.23% | -18.65% | -3.56% | - | +6.64% | +14.00% | +18.34% |
| Change | -74.91 | -28.38 | -5.42 | - | +10.10 | +21.30 | +27.90 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 145.50 | 146.55 | 148.24 | 149.29 | 150.98 | 152.03 | 153.72 |
| Camarilla | 149.17 | 149.42 | 149.67 | 149.92 | 150.17 | 150.42 | 150.67 |
| Woodie | 145.81 | 146.71 | 148.55 | 149.45 | 151.29 | 152.19 | 154.03 |
| Fibonacci | 146.55 | 147.60 | 148.25 | 149.29 | 150.34 | 150.99 | 152.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 143.43 | 144.90 | 147.41 | 148.88 | 151.39 | 152.86 | 155.37 |
| Camarilla | 148.83 | 149.19 | 149.56 | 149.92 | 150.29 | 150.65 | 151.02 |
| Woodie | 143.95 | 145.16 | 147.93 | 149.14 | 151.91 | 153.12 | 155.89 |
| Fibonacci | 144.90 | 146.42 | 147.36 | 148.88 | 150.40 | 151.34 | 152.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 132.46 | 140.28 | 147.97 | 155.79 | 163.47 | 171.29 | 178.98 |
| Camarilla | 151.39 | 152.81 | 154.23 | 155.65 | 157.07 | 158.49 | 159.91 |
| Woodie | 132.39 | 140.25 | 147.90 | 155.75 | 163.40 | 171.26 | 178.91 |
| Fibonacci | 140.28 | 146.20 | 149.86 | 155.79 | 161.71 | 165.37 | 171.29 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.33 | |
| MACD (12,26,9): | -0.8400 | |
| Directional Movement: | 6.83 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 148.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 145.38 | |
| Elder Ray (13): | 1.85 | |
| Super Trend (3,10): | 154.25 | |
| Zig ZAG (10): | 152.27 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 53.14 | |
| TEMA (21): | 148.77 | |
| Williams %R (14): | -7.51 | |
| Chande Momentum Oscillator (20): | 4.78 | |
| Repulse (5,40,3): | 2.5000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 4.99 |
| MA7: | 149.41 | |
| MA20: | 150.36 | |
| MA50: | 151.00 | |
| MA100: | 154.86 | |
| MAexp7: | 149.76 | |
| MAexp20: | 150.15 | |
| MAexp50: | 151.97 | |
| MAexp100: | 155.47 | |
| Price / MA7: | +1.84% | |
| Price / MA20: | +1.20% | |
| Price / MA50: | +0.77% | |
| Price / MA100: | -1.74% | |
| Price / MAexp7: | +1.60% | |
| Price / MAexp20: | +1.34% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | -2.13% |
News
Don"t forget to follow the news on SIMON PROPERTY GROUP INC.. At the time of publication of this analysis, the latest news was as follows:
- Pinstripes Announces Partnership With Simon Property Group
- Simon Property Group Schedules Third Quarter 2019 Earnings Release And Conference Call
- Simon Property Group Sells $3.5 Billion Of Senior Notes And Intends To Redeem $2.6 Billion Of Senior Notes
- Simon Property Group Reports Second Quarter 2019 Results And Raises Quarterly Dividend
- Simon Property Group Schedules Second Quarter 2019 Earnings Release and Conference Call
This member declared not having a position on this financial instrument or a related financial instrument.
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