SPG Technical Signal Analysis
SPG have 5 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-03. The total price change during this trend is -11.69%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of SPG over last 5 trading day is $354,114,625.54
5 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11.3
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-167.4
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
4.41
Bullish
Williams %R (14 days)
WILLR_14 < -80
-81.46
Bullish
Moving Average
Price crosses above 200-day SMA
--
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-9.99
Bearish
Momentum (10 days)
MOM_10 < 0
-18.41
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-2.95
Bearish
Moving Average
10-day SMA crosses below 60-day SMA
--
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11.3
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-167.4
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
4.41
Bullish
Williams %R (14 days)
WILLR_14 < -80
-81.46
Bullish
Moving Average
Price crosses above 200-day SMA
--
Bullish
SPG Support and Resistance Level
The support levels for SPG are at 164.2, 157.15, and 145.74, while the resistance levels are at 187.02, 194.06, and 205.47. With the current stock price at 158.68, it is leaning more toward the support levels.
SPG Technical Analysis
Technical Analysis of SPG Stock
Current Price and Key Levels:
- Current Price: 171.13
- Fibonacci Pivot: 180.66
- Fibonacci Resistance Levels: 188.50, 193.34
- Fibonacci Support Levels: 172.83, 167.99
Technical Indicators:
- RSI (14): 33.52 (Below 50, indicates bearish momentum)
- Stochastic Oscillator: %K (11.95) is below %D (25.14), suggesting bearish momentum
- MACD: 0.07 (Bullish signal line crossover, but with a negative histogram)
- Bollinger Bands: Price is near the lower band (171.31), indicating potential oversold conditions
Price Action and Volume:
- Price Trend: The stock closed lower than its open, forming a bearish candle
- Volume: 1,898,700 (Lower than recent averages, indicating reduced selling pressure)
Moving Averages:
- 50-Day SMA: 177.59 (Price is below this level)
- 200-Day SMA: 164.86 (Price is above this level)
Recommendation:
Based on the technical analysis, SPG is currently in a bearish trend. The stock is trading below key moving averages and Fibonacci levels, with bearish momentum indicated by the RSI and Stochastic Oscillator. While the stock is near oversold levels, the lack of strong bullish signals suggests caution.
Actionable Advice:
- Sell SPG at the current price of 171.13.
- Consider re-entering if the stock shows a bullish reversal pattern or breaks above the Fibonacci pivot level of 180.66.
SPG FAQs
Which bull technical signals does SPG have?
Which bearish technical signals does SPG have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for SPG stock?
Is SPG a buy based on overall technical signals summary?
SPG Buy or Sell
SPG has 5 buy signals and 4 sell signals now. Overall the technical rating for SPG is Neutral.
Neutral
Sell
4
Buy
5
SPG Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 158.68 below the SMA_5. In the short term, the stock shows a negative trend with the 168.05 below the SMA_20. In the mid term, the stock shows a positive trend with the 180.7 above the SMA_60. In the long term, the stock shows a positive trend with the 176.87 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about SPG's current trend?What are SPG's key support and resistance levels?