EASTGROUP PROPERTIES INC (EGP) Technical Analysis
NYSE:EGP • US2772761019
Current stock price
188.41 USD
+1.05 (+0.56%)
At close:
188.41 USD
0 (0%)
After Hours:
EGP Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to EGP. EGP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- EGP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EGP is performing more or less in line with the market.
- When compared to the yearly performance of all other stocks, EGP outperforms 59% of them, which is more or less in line with the market.
- EGP is an average performer in the Diversified REITs industry, it outperforms 66% of 122 stocks in the same industry.
- In the last month EGP has a been trading in the 181.43 - 193.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EGP Weekly and Daily overview Charts
EGP Setup Rating and Analysis
EGP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 187.56, a Stop Loss order could be placed below this zone.
More info and screens
EGP Support and Resistance Analysis
159.48
198.28
4 important support areas can be observed.
- A support zone ranging from 182.72 to 187.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 177.55 to 178.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @174.03 from a horizontal line in the daily time frame.
- Support @161.09 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 196.32 to 196.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
EGP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EGP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EGP is neutral. |
| ChartMill Relative Strength | 59.81 | NEUTRAL | EGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EGP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EGP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.42 | NEUTRAL | The RSI value for EGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests EGP has a positive trend. |
| Stochastics (14,3) | 47.53 | NEUTRAL | The Stochastics value for EGP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for EGP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for EGP suggests a possible start of a new trend. |
EGP Chart- and CandleStick Pattern Analysis
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)
EGP Technicals: Chart, Performance Metrics, Trend & Indicators
188.41
+1.05 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.56%
1 Week2.36%
2 Weeks0.67%
1 Month-1.95%
3 Month4.73%
6 Month10.08%
12 Month17.44%
2 Year21.27%
3 Year13.12%
5 Year18.75%
10 Year215.33%
15 Year309.05%
Volatility
ATR(14)4.06
ATR(20)%2.25%
ATR Inc25.01%
Range Today5.24
ADR(20)4.01
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.81
3 months CRS77.23
6 months CRS80.62
Mansfield0.56
10 Day High190
10 Day Low181.43
20 Day High193.45
20 Day Low181.43
52 Week High197.95
52 Week Low137.67
CS1 End187.56
CR1 Start196.32
Volume & EV
DER(3)2.14%
DER(5)0.31%
Volume216.30K
Volume Incr-1.5%
Vol(5)338.82K
Vol(50)389.02K
EASTGROUP PROPERTIES INC / EGP TA FAQ
What is the technical rating for EGP stock?
ChartMill assigns a technical rating of 5 / 10 to EGP.
What is the current trend direction of EASTGROUP PROPERTIES INC (EGP) stock?
The current trend direction for EASTGROUP PROPERTIES INC (EGP) is Bullish.
What is the RSI signal for EASTGROUP PROPERTIES INC (EGP) stock?
EASTGROUP PROPERTIES INC (EGP) has an RSI value of 53.4181. This indicates that the stock is currently neutral.
What is the MACD signal for EASTGROUP PROPERTIES INC (EGP) stock?
The MACD indicator for EASTGROUP PROPERTIES INC (EGP) has a value of 0.0970151, indicating a bearish trend.