SPG technical analysis

SPG Technical Analysis

Analysis date

August 5, 2026

Market

NYSE (USD)

Daily cutoff

August 4, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SPG Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
SPG
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 4, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series225.90August 4, 2026-Verified
Verification series225.90August 4, 20260.00%Verified

Bottom line

SPG Technical Analysis Summary

SPG is consolidating below its record high after a short-term pullback. The daily chart shows price at $225.90 trading below SMA20 ($226.63) but above SMA50 ($218.81) and SMA200 ($194.26), with RSI14 at 50.75 in neutral territory and a slightly negative MACD histogram, reflecting a corrective pause within a larger uptrend. The weekly chart is firmly bullish: price at $229.37 sits above all major moving averages in bullish alignment, RSI14 at 68.16 is strong without being overbought, and the MACD histogram is positive and rising. Key support is at the 20-day low of $212.82 and the 60-day low of $196.48. Resistance is at the 20-day, 60-day, and 52-week high of $238.50.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 4, 2026)

Trend
Mixed in the short term but broadly constructive. Price at $225.90 is below SMA20 ($226.63) but above SMA50 ($218.81) and SMA200 ($194.26). The SMA20 > SMA50 > SMA200 alignment remains bullish, and the pullback has not yet breached the 50-day average.
Momentum
Neutral. RSI14 at 50.75 sits at the midpoint with no overbought or oversold signal. MACD at $3.13 with signal at $3.79 and a negative histogram of -$0.65 indicates mild short-term bearish momentum that is shallow and flattening rather than accelerating.
Volatility
Moderate. ATR14 at $4.32 (1.91% of price) suggests average daily movement of about 1.9%. Bollinger Bands ($216.37 to $236.89) are moderately wide with price trading in the lower half, consistent with a pullback within a normal volatility range.
Volume
Slightly below average. Latest volume of 1,357,854 is 93% of the 20-period average (1,460,043), indicating modest participation during the recent pullback.

Assessment

The daily chart is in a corrective phase within a larger uptrend. Price holds above SMA50 and SMA200 while trading just below SMA20, RSI is neutral, and the MACD histogram is only mildly negative. Below-average volume on the recent down days suggests the pullback lacks conviction. The trend structure stays intact as long as price holds above SMA50 ($218.81).

Weekly (July 27, 2026 week)

Trend
Bullish. Price at $229.37 is above SMA20 ($207.48), SMA50 ($191.09), and SMA200 ($142.64), with all three averages in strong bullish alignment, confirming a durable multi-year uptrend.
Momentum
Bullish and improving. RSI14 at 68.16 is strong but below overbought levels. MACD at $11.50 with signal at $9.78 and a positive rising histogram of $1.72 indicates strengthening weekly momentum.
Volatility
Moderate. ATR14 at $9.57 (4.17% of price) reflects normal weekly ranges for a large-cap retail REIT in an established uptrend.
Volume
Below average. Weekly volume of 6,617,600 is 77% of the 20-week average (8,584,185), showing reduced participation in the latest week after the rally toward record highs.

Assessment

The weekly chart remains firmly bullish. All major moving averages are aligned bullishly, RSI is strong without being overbought, and the MACD histogram is positive and rising. Volume in the most recent week was below average, which is a mild caution flag, but the weekly structure shows no signs of trend exhaustion.

Key indicators

SPG Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)50.7568.16
MACD (12, 26, 9)3.13 / 3.79 / -0.6511.50 / 9.78 / 1.72
ATR (14)4.32 (1.91%)9.57 (4.17%)
Bollinger Bands (20, 2)216.37 - 236.89176.63 - 238.33
SMA (20)226.63207.48
SMA (50)218.81191.09
SMA (200)194.26142.64

Price structure

SPG Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price225.90229.37
1-Period Return-1.42%-0.18%
5-Period Return-4.56%+1.09%
20-Period Return-0.57%+24.12%
60-Period Return+13.40%+50.17%
252-Period Return+47.28%+122.33%
52-Week Low152.73152.73
52-Week High238.50238.50
52-Week Position85.31%89.36%

Key levels

SPG Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High238.50238.50
20-Period Low212.82175.95
60-Period High238.50238.50
60-Period Low196.48148.38

Scenarios

SPG Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price reclaims SMA20 ($226.63) on the daily chart and breaks above the 52-week high at $238.50 with expanding volume.

Invalidation

Price breaks below SMA50 ($218.81) on the daily chart.

What to watch

A daily close above $238.50 on above-average volume; MACD histogram turning positive; daily RSI rising above 60 while weekly RSI holds near current strength.

Range-Bound

Trigger

Price oscillates between the 20-day low at $212.82 and the 52-week high resistance at $238.50.

Invalidation

A decisive break of either $212.82 (20-day low) or $238.50 (52-week high).

What to watch

RSI staying between 40 and 60; volume tapering near or below average; MACD histogram staying near zero.

Bearish

Trigger

Price breaks below the 20-day low at $212.82 and then the SMA50 at $218.81, opening the way toward the 60-day low at $196.48.

Invalidation

Price reclaims SMA20 ($226.63) and holds above it.

What to watch

Sustained closes below SMA20 with rising volume; weekly RSI rolling over from current elevated levels; MACD histogram deepening below zero.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.