Simon Property (SPG) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SPG · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$225.90last close · Aug 4, 202652-week range $159.99 – $238.50 · 5.28% below the high

SPG Rising Wedge Pattern

SPG is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $175.76 (−5.2%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; SPG's own rising wedges have hit 52.9%.

DirectionBearishTarget$175.76Projected move−5.2%Breakout level$185.02

New to this pattern? What a rising wedge is and how to trade it →

SPG's Most Recent Rising Wedge Trade

SPG's most recent completed rising wedge resolved as a loss: it broke down on Jan 12, 2026 near $184.16, then was stopped out at $189.80 on Jan 29, 2026 — a -1.15R move (3.1%) over 12 sessions. Across 131 backtested rising wedges, this setup wins 58.0% of the time.

OutcomeLossResult-1.15REntry$184.16Exit$189.80

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
SPG win rate
52.9%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

SPG Pattern Trade History

Every completed pattern trade our nightly backtest found on SPG's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJan 12, 2026 @ $184.16Jan 29, 2026 @ $189.80Loss-1.15R
Falling WedgeNov 4, 2025 @ $178.06Dec 31, 2025 @ $185.11Win+1.20R
Rising WedgeAug 13, 2025 @ $169.88Sep 9, 2025 @ $179.39Win+0.93R
Bullish PennantJun 23, 2025 @ $159.08Sep 9, 2025 @ $179.39Win+5.58R
Rising WedgeFeb 5, 2025 @ $178.56Feb 21, 2025 @ $183.80Win+0.66R
TriangleJan 24, 2025 @ $175.28Feb 21, 2025 @ $183.80Win+1.57R
Rising WedgeAug 22, 2024 @ $161.56Oct 24, 2024 @ $173.40Win+0.75R
TriangleJul 15, 2024 @ $150.19Jul 24, 2024 @ $149.89Loss-0.06R
TriangleMay 31, 2024 @ $149.52Sep 3, 2024 @ $163.92Win+2.91R
Rising WedgeApr 2, 2024 @ $152.26Apr 16, 2024 @ $140.37Win+2.58R
Falling WedgeAug 29, 2023 @ $112.36Sep 26, 2023 @ $109.15Loss-1.31R
TriangleMay 3, 2023 @ $109.48Jun 30, 2023 @ $115.48Loss-1.10R

SPG Support and Resistance Levels

On the weekly chart, price is resting in the open space between a floor below near $199.47 and a ceiling above near $248.04.

  • Price hasn't touched either edge recently, so there's no clear direction either way yet.
  • The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.

Nearest auto-detected support sits near $186.88, resistance near $248.04. These are chart/swing-derived levels, not formula pivots.

Resistance
$248.04$327.83
Support
$186.88

SPG Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$227.60$228.50$224.03$225.90
Aug 3, 2026$230.28$231.42$227.87$229.16
Jul 31, 2026$231.34$231.87$228.62$229.37
Jul 30, 2026$235.00$235.27$229.03$230.44
Jul 29, 2026$236.74$238.50$234.46$235.61
Jul 28, 2026$234.95$237.89$234.07$236.70
Jul 27, 2026$229.66$231.73$229.36$231.67
Jul 24, 2026$226.47$229.85$225.83$229.78
Jul 23, 2026$225.38$227.79$224.22$225.20
Jul 22, 2026$227.15$227.80$225.32$226.22

SPG Frequently Asked Questions

What chart pattern is SPG forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Simon Property (SPG) on the daily chart, with a measured-move target of $175.76.
Is a rising wedge bullish or bearish?
The rising wedge detected on SPG is a bearish pattern, projecting a measured-move target of $175.76. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for SPG?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), SPG's nearest support is around $186.88 and nearest resistance around $248.04.
What is the price target if SPG's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $175.76 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SPG's closing price on Aug 4, 2026?
Simon Property (SPG) last closed at $225.90 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.