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Market Impact: 0.18
SPG Makes Notable Cross Below Critical Moving Average
Source: Nasdaq
Market Technicals & FlowsHousing & Real Estate
Simon Property Group shares fell about 1.6% Wednesday and traded as low as $200.68, breaking below their 200-day moving average of $202.50. The technical breach may signal near-term bearish momentum for the mall real estate investment trust, but is unlikely to have broad market implications.
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Overall Sentiment
mildly negative
Sentiment Score
-0.22
Ticker Sentiment
SPG-0.30
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