EASTGROUP PROPERTIES INC (EGP)

US2772761019 - REIT

159.22  -2.78 (-1.72%)

After market: 159.22 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to EGP. EGP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
75% of all other stocks performed better in the past year than EGP.
EGP is one of the lesser performing stocks in the Diversified REITs industry. 60% of 126 stocks in the same industry do better.
EGP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EGP is lagging the market.
In the last month EGP has a been trading in the 157.79 - 182.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
EGP Weekly chart
EGP Daily chart
Setup Rating and Analysis

2

The technical rating of EGP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

153.42

187.90

When analyzing the support we notice one important area.

  • A support zone ranging from 154.97 to 156.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 173.64 to 181.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 185.50 to 186.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.65
Mansfield-1.64
10 Day High178.46
10 Day Low157.79
20 Day High182.23
20 Day Low157.79
52 Week High188.85
52 Week Low154.75
Performance
1 Week-7.91%
2 Weeks-8.28%
1 Month-11.3%
3 Month-12.3%
6 Month1.53%
12 Month-5.59%
2 Year-15.08%
3 Year0.35%
5 Year39.26%
10 Year151.73%
15 Year373.73%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.54
RSI(14)23.83
LBB160.75
UBB181.96
EGP Daily chart

EASTGROUP PROPERTIES INC

NYSE:EGP (4/18/2024, 7:04:00 PM)

After market: 159.22 0 (0%)

159.22

-2.78 (-1.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.72%
1 Week-7.91%
2 Weeks-8.28%
1 Month-11.3%
3 Month-12.3%
6 Month1.53%
12 Month-5.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.72
ATR(20)%2.16%
ATR Inc
Range Today4.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High178.46
10 Day Low157.79
20 Day High182.23
20 Day Low157.79
52 Week High188.85
52 Week Low154.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume332.70K
Volume Incr22.65%
Vol(5)335.70K
Vol(50)288.16K