- SPG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $237.0 million.
- SPG has traded 1.5 million shares today.
- SPG is trading at 2.11 times the normal volume for the stock at this time of day.
- SPG crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in SPG with the Ticky from Trade-Ideas. See the FREE profile for SPG NOW at Trade-Ideas More details on SPG: Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, management, and development of properties. The stock currently has a dividend yield of 3%. SPG has a PE ratio of 40.0. Currently there are 15 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 1 rates it a hold.