EASTGROUP PROPERTIES INC (EGP) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:EGP • US2772761019
We assign a technical rating of 7 out of 10 to EGP. Although EGP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- EGP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month EGP has a been trading in the 177.11 - 191.03 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 59% of all stocks.
- EGP is part of the Diversified REITs industry. There are 122 other stocks in this industry, EGP did better than 65% of them.
- Volume is considerably higher in the last couple of days.
Although EGP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
154.36
When analyzing the support we can see 5 important areas.
- A support zone ranging from 188.23 to 189.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 177.55 to 183.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 173.08 to 174.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 168.39 to 170.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @155.92 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for EGP is up. |
| ChartMill Relative Strength | 59.16 | NEUTRAL | EGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EGP is above the rising 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) | 65.61 | NEUTRAL | The RSI value for EGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests EGP has a positive trend. |
| Stochastics (14,3) | 76.68 | NEUTRAL | The Stochastics value for EGP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for EGP suggests low volalility. |
| Average Directional Index/ADX (14) | 18.17 | NEGATIVE | The low ADX value for EGP suggests a weak or negative trend. |
NYSE:EGP (2/9/2026, 3:21:04 PM)
190.45
+0.54 (+0.28%)
EASTGROUP PROPERTIES INC / EGP FAQ
What is the technical rating for EGP stock?
ChartMill assigns a technical rating of 7 / 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 EGP stock?
EASTGROUP PROPERTIES INC (EGP) has an RSI value of 65.6072. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EASTGROUP PROPERTIES INC?
The short term momentum for EASTGROUP PROPERTIES INC (EGP) is positive.
What is the support and resistance level for EGP stock?
EASTGROUP PROPERTIES INC (EGP) has a support level at 188.23 and a resistance level at 189.92. Check the full technical report for our detailed analysis of EGP support and resistance levels.