EASTGROUP PROPERTIES INC (EGP) Technical Analysis
NYSE:EGP • US2772761019
We assign a technical rating of 8 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- EGP is currently trading near its 52 week high, which is a good sign. 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 180.14 - 197.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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 56% of all stocks.
- EGP is an average performer in the Diversified REITs industry, it outperforms 52% of 122 stocks in the same industry.
Besides having an excellent technical rating, EGP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 194.91. Right above this resistance zone may be a good entry point.
More info and screens
154.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 177.55 to 181.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 171.76 to 174.03. 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.
We found 1 important resistance area.
- A resistance zone ranging from 193.41 to 196.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 56.23 | 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) | 62.03 | NEUTRAL | The RSI value for EGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests EGP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.42 | OVERBOUGHT | The high Stochastics value suggests EGP may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for EGP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for EGP suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 196.33 | 188.92 | 7.41 (3.77%) | 25.00% |
| An entry @196.33. This is a Buy Stop order right above the resistance zone. | An exit @188.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.41 points, which is 3.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EGP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:EGP (3/5/2026, 2:20:44 PM)
191.9
-2.92 (-1.5%)
EASTGROUP PROPERTIES INC / EGP FAQ
What is the technical rating for EGP stock?
ChartMill assigns a technical rating of 8 / 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 62.0278. 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 181.3 and a resistance level at 194.91. Check the full technical report for our detailed analysis of EGP support and resistance levels.