Simon Property Group Inc

SPG remains in a medium-term bearish phase with supply dominant and lower highs/lows intact. Despite extreme oversold conditions near the rising 200-day SMA, price is below declining EMAs, limiting immediate selling edge. Short-term execution readiness is neutral, as support holds at the 200-day SMA. Execution should be deferred, stalking rallies into the 9- and 20-day EMA resistance cluster (~209–213) for potential rejection and continuation of the downtrend.

• ↑Q2 Real Estate FFO rose 7.9% YoY to $3.29/sh; full-year guide lifted to $13.20–$13.30
• ↑Signed 1,200+ leases on 4.8M sqft; initial rents jumped 17% YoY
• ↓Negative growth trends and downward revisions raise FFO sustainability concerns