EASTGROUP PROPERTIES INC (EGP)
US2772761019 - REIT
We assign a technical rating of 5 out of 10 to EGP. EGP has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
EGP is one of the better performing stocks in the Diversified REITs industry, it outperforms 82% of 130 stocks in the same industry.
In the last month EGP has a been trading in the 161.48 - 173.72 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, EGP turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
EGP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGP is lagging the market.
EGP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 171.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EGP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
153.42
187.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 166.55 to 171.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 154.97 to 158.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @172.00 from a trend line in the daily time frame.
- Resistance @178.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 185.51 to 186.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.59
Mansfield-0.49
10 Day High173.53
10 Day Low167.99
20 Day High173.72
20 Day Low161.48
52 Week High188.85
52 Week Low144.4
Performance
1 Week0.32%
2 Weeks3.81%
1 Month6.42%
3 Month-4.38%
6 Month1.91%
12 Month8.82%
2 Year-15.81%
3 Year25.79%
5 Year71.46%
10 Year183.03%
15 Year432.08%
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)0.48
RSI(14)56.6
LBB165.63
UBB174.37
EASTGROUP PROPERTIES INC
NYSE:EGP (11/28/2023, 7:04:00 PM)
After market: 171.49 0 (0%)171.49
-1.48 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.86%
1 Week0.32%
2 Weeks3.81%
1 Month6.42%
3 Month-4.38%
6 Month1.91%
12 Month8.82%
2 Year-15.81%
3 Year25.79%
5 Year71.46%
10 Year183.03%
15 Year432.08%
Volatility
ATR(14)2.8
ATR(20)%1.77%
ATR Inc-22.12%
Range Today2.4
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.59
Mansfield-0.49
10 Day High173.53
10 Day Low167.99
20 Day High173.72
20 Day Low161.48
52 Week High188.85
52 Week Low144.4
CS1 End171.11
CR1 Start172
Volume & EV
DER(3)3.55%
DER(5)2.36%
Volume401.40K
Volume Incr-18.08%
Vol(5)255.24K
Vol(50)274.08K