Simon Property's most recent trend suggests a bullish bias. One trading opportunity on Simon Property is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 5.82% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $9.45 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Simon Property is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Simon Property is bullish.
The RSI indicator is at 66.98 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, Authentic Brands to buy outdoor gear label Eddie Bauer
Fri, 07 May 2021 21:34:19 +0000
Authentic and SPARC Group LLC, a venture backed by brand manager Authentic and Simon, are buying Eddie Bauer from a unit of Golden Gate Capital 12 years after the private equity firm acquired the outdoor lifestyle gear maker out of bankruptcy. The financial terms of the deal were not disclosed.
Here's How Simon Property (SPG) is Placed Ahead of Q1 Earnings
Fri, 07 May 2021 13:26:01 +0000
While efforts to support omni-channel retailing and solid balance-sheet will help Simon Property (SPG) sail through, its Q1 results might reflect retail bankruptcies, store closings and rent-collection woes.
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Wed, 05 May 2021 20:03:16 +0000
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Simon Property Group Just Saved Itself from Disruption
Tue, 04 May 2021 12:31:00 +0000
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Mon, 03 May 2021 11:00:26 +0000
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