Simon Property(SPG)

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

Auto-detected technical analysis for SPG · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$226.22last close · Jul 22, 202652-week range $159.70$231.53 · 2.29% below the high

SPG Rising Wedge Pattern

SPG is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $176.02 (−5.2%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; SPG's own rising wedges have hit 50.0%.

DirectionBearishTarget$176.02Projected move−5.2%Breakout level$185.28

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 3.1% move (-1.15R) over 12 sessions. Across 86 backtested rising wedges, this setup wins 64.0% of the time.

OutcomeLossResult-3.1%R-1.15REntry$184.16Exit$189.80

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
SPG win rate
50.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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+5.2% · -1.15R
Falling WedgeNov 4, 2025 @ $178.06Dec 31, 2025 @ $185.11Win+6.5% · +1.20R
Rising WedgeAug 13, 2025 @ $169.88Sep 9, 2025 @ $179.39Win+6.2% · +0.93R
Bullish PennantJun 23, 2025 @ $159.08Sep 9, 2025 @ $179.39Win+10.7% · +5.58R
TriangleJul 17, 2024 @ $151.49Aug 12, 2024 @ $153.10Win+6.1% · +0.27R
Rising WedgeFeb 3, 2023 @ $128.31Feb 21, 2023 @ $120.75Win+7.8% · +1.58R
Bullish PennantDec 14, 2022 @ $120.69Feb 7, 2023 @ $125.90Win+7.5% · +0.76R
Falling WedgeJul 15, 2022 @ $96.34Aug 19, 2022 @ $111.01Win+13.4% · +4.47R
Falling WedgeApr 27, 2022 @ $122.33May 20, 2022 @ $107.27Win+12.1% · +1.21R
Falling WedgeFeb 15, 2022 @ $142.57Feb 23, 2022 @ $134.07Loss+15.8% · -1.77R
Rising WedgeMay 10, 2021 @ $125.99Nov 16, 2021 @ $164.87Win+14.7% · +4.11R
TriangleApr 27, 2021 @ $121.46Jun 14, 2021 @ $133.28Win+15.1% · +1.33R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

SPG Support and Resistance Levels

Price found a floor near $191.38 about 4 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $245.82 — still about 9% away.

  • Traders commonly watch $245.82 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $191.38 floor about 4 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

SPG Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$227.15$227.80$225.32$226.22
Jul 21, 2026$229.91$230.00$226.26$226.79
Jul 20, 2026$229.15$230.88$227.25$228.19
Jul 17, 2026$229.05$231.53$226.87$228.70
Jul 16, 2026$223.00$228.61$222.80$228.49
Jul 15, 2026$222.79$224.14$220.80$222.01
Jul 14, 2026$220.96$222.00$219.64$221.28
Jul 13, 2026$218.27$221.62$218.05$219.49
Jul 10, 2026$221.13$221.41$212.82$218.77
Jul 9, 2026$219.27$222.25$218.32$219.71

SPG Frequently Asked Questions

What chart pattern is SPG forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Simon Property (SPG) on the daily chart, with a measured-move target of $176.02.
Is a rising wedge bullish or bearish?
The rising wedge detected on SPG is a bearish pattern, projecting a measured-move target of $176.02. 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 (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if SPG's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $176.02 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SPG's closing price on Jul 22, 2026?
Simon Property (SPG) last closed at $226.22 on Jul 22, 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.