Simon Property Group's 15min chart shows KDJ Golden Cross, bullish Marubozu.

Tuesday, Aug 12, 2025 1:17 pm ET1min read

Simon Property Group's 15-minute chart has triggered a Golden Cross using the KDJ indicator, accompanied by a Bullish Marubozu pattern at 13:00 on August 12, 2025. This signifies a shift in the momentum of the stock price towards an upward trajectory, potentially leading to further increases. As buyers maintain control of the market, it is likely that bullish momentum will continue to prevail.

Simon Property Group (SPG) has recently shown signs of bullish momentum, with a notable shift in its stock price trajectory. On August 12, 2025, at 13:00, the 15-minute chart of SPG triggered a Golden Cross using the KDJ indicator, accompanied by a Bullish Marubozu pattern. These technical signals suggest a potential upward movement in the stock price, indicating that buyers are maintaining control of the market [1].

The Golden Cross is a bullish crossover pattern that occurs when the short-term moving average crosses above the long-term moving average. This is often seen as a signal of a potential upward trend in the stock price. The Bullish Marubozu pattern, characterized by a strong closing price and no shadows on the candlestick, further reinforces the bullish sentiment by showing strong closing momentum [2].

These technical indicators align with the recent earnings report and analyst ratings, which have been generally optimistic. On August 4, 2025, SPG raised its full-year real estate FFO per share guidance and increased its quarterly dividend, signaling confidence in its performance. Key analysts, including Destiny Hance from Ladenburg Thalmann and Simon Yarmak from Stifel, have issued "Strong Buy" ratings, reflecting a strongly optimistic tone [1].

However, the technical environment remains neutral, with mixed signals from key indicators. The technical score of 5.32 suggests a holding pattern, while the recent earnings report and analyst ratings indicate cautious optimism. The market is currently waiting for a catalyst to break the stalemate, and investors are advised to monitor upcoming earnings developments and broader retail real estate trends for more clarity on SPG's direction [1].

Despite the mixed signals, the recent bullish momentum, as indicated by the KDJ Golden Cross and Marubozu pattern, suggests that SPG is poised for further upward movement. Investors should consider holding their positions and watching for more clear technical signals before making large moves.

References:
[1] https://www.ainvest.com/news/stock-analysis-simon-property-group-outlook-mixed-signals-technicals-remain-neutral-2508/
[2] https://www.ainvest.com/news/stock-analysis-simon-property-group-outlook-mixed-technical-signals-optimistic-analysts-market-volatility-2508/

Comments



Add a public comment...
No comments

No comments yet