NYSE:EGP - New York Stock Exchange, Inc. - US2772761019 - REIT - Currency: USD
Overall EGP gets a technical rating of 5 out of 10. 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.
Although the technical rating is only medium, EGP does present a nice setup opportunity. 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 169.19, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
153.50
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for EGP is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGP is up. |
ChartMill Relative Strength | 42.1 | 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) | DOWN | MIXED | The current price of EGP is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGP is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 55.9 | NEUTRAL | The RSI value for EGP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EGP has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 49.18 | NEUTRAL | The Stochastics value for EGP is a neutral value. |
Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for EGP suggests low volalility. |
Average Directional Index/ADX (14) | 14.8 | NEGATIVE | The low ADX value for EGP suggests a weak or negative trend. |
170.58
+2.12 (+1.26%)