Simon Property's most recent trend suggests a bearish bias. One trading opportunity on Simon Property is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 24.53% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $1.97 would be kept by the premium seller. The risk of $8.03 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Simon Property is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Simon Property is bearish.
The RSI indicator is at 42.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Simon Property
Simon Property Group vs Realty Income: Better Buy Now?
Sat, 24 Jul 2021 11:03:00 +0000
There are several different kinds of retail REITs, and Simon Property Group (NYSE: SPG) and Realty Income (NYSE: O) are the leaders in their respective categories, malls and net-lease retail. In this Fool Live clip, recorded on July 12, Fool.com contributor Matt Frankel, CFP, along with Industry Focus host Jason Moser, respond to a listener question about which of these is the better REIT to buy?
10 Best REIT Dividend Stocks According to Hedge Funds
Thu, 22 Jul 2021 19:20:12 +0000
In this article, we will be looking at the 10 best REIT dividend stocks according to hedge funds. If you want to skip our detailed analysis on the REIT industry, you can go directly to the 5 Best REIT Dividend Stocks According to Hedge Funds. In 2020, as lockdown impositions and global stay-at-home restrictions took […]
Buy This Undervalued Stock Before Everyone Else Does
Thu, 22 Jul 2021 14:38:00 +0000
This REIT has more than doubled over the past year, but it is still unloved on Wall Street. That could change as dividend growth comes back.
Covid-19 Is Hitting Retail Stocks Again. Why This Mall Owner Might Be a Buy.
Tue, 20 Jul 2021 13:14:00 +0000
Analyst Simon Yarmak boosted his rating on Simon Property (SPG) to Buy from Hold, and his price target to $132 from $125. While the shares might not have bottomed, he argues that the stock’s selloff, which has caused Simon Property to drop 10% in July, “creates an attractive entry point.”
IBM Rises, Simon Property Gains, and Stocks Are Rebounding
Tue, 20 Jul 2021 12:52:00 +0000
STOCKSTOWATCHTODAY BLOG Stocks were set for a higher open as the market bounced back from its worst day in months. Futures on the gained 230 points, or 0.7%, while futures rose 0.4% and futures advanced 0.
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