EASTGROUP PROPERTIES INC (EGP) Stock Technical Analysis
NYSE:EGP - New York Stock Exchange, Inc. - US2772761019 - REIT - Currency: USD
Overall EGP gets a technical rating of 1 out of 10. EGP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 63% of all stocks.
EGP is an average performer in the Diversified REITs industry, it outperforms 68% of 130 stocks in the same industry.
EGP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month EGP has a been trading in the 137.67 - 177.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EGP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 155.92, a Stop Loss order could be placed below this zone.
More info and screens
153.50
193.25
We found 1 important support area.
- A support zone ranging from 155.05 to 155.92. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @162.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 184.43 to 185.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @191.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63
Mansfield-0.37
10 Day High167.53
10 Day Low149.81
20 Day High177.97
20 Day Low137.67
52 Week High192.61
52 Week Low137.67
Performance
1 Week1.92%
2 Weeks7.09%
1 Month-7.83%
3 Month-3.97%
6 Month-7.68%
12 Month4.52%
2 Year-2.16%
3 Year-13.08%
5 Year53.75%
10 Year184.91%
15 Year298.65%
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)1.2
RSI(14)48.36
LBB147.74
UBB165.67
162.97
+0.05 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.03%
1 Week1.92%
2 Weeks7.09%
1 Month-7.83%
3 Month-3.97%
6 Month-7.68%
12 Month4.52%
2 Year-2.16%
3 Year-13.08%
5 Year53.75%
10 Year184.91%
15 Year298.65%
Volatility
ATR(14)7.17
ATR(20)%4.07%
ATR Inc-32.5%
Range Today3.56
ADR(20)6.26
ADR(20)%3.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63
Mansfield-0.37
10 Day High167.53
10 Day Low149.81
20 Day High177.97
20 Day Low137.67
52 Week High192.61
52 Week Low137.67
CS1 End155.92
CR1 Start162.98
Volume & EV
DER(3)-1.2%
DER(5)0.24%
Volume446.10K
Volume Incr-16.03%
Vol(5)522.18K
Vol(50)527.93K