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EASTGROUP PROPERTIES INC (EGP) Stock Technical Analysis

NYSE:EGP - New York Stock Exchange, Inc. - US2772761019 - REIT - Currency: USD

170.23  +2.07 (+1.23%)

After market: 170.23 0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to EGP. Recently some decent action could be observed, but in the medium term time frame this is still negative. EGP was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, EGP is a bad performer in the overall market: 74% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month EGP has a been trading in the 155.10 - 173.13 range, which is quite wide. It is currently trading near the high of this range.
EGP is an average performer in the Diversified REITs industry, it outperforms 43% of 129 stocks in the same industry.
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.
Weekly and Daily overview Charts
EASTGROUP PROPERTIES INC / EGP Weekly stock chart
EASTGROUP PROPERTIES INC / EGP Daily stock chart
Setup Rating and Analysis

4

EGP has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

153.81

193.66

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 166.59 to 168.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @158.87 from a horizontal line in the daily time frame.
  • A support zone ranging from 155.36 to 156.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • Resistance @176.00 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 184.51 to 188.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @191.74 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.83
Mansfield-1.1
10 Day High173.13
10 Day Low160.57
20 Day High173.13
20 Day Low155.1
52 Week High192.61
52 Week Low155.1
Performance
1 Week0.45%
2 Weeks5.54%
1 Month5.65%
3 Month-0.57%
6 Month-8.44%
12 Month-7.03%
2 Year1.18%
3 Year-14.85%
5 Year25.1%
10 Year163.35%
15 Year344.93%
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)1.16
RSI(14)57.79
LBB155.87
UBB175.64
EASTGROUP PROPERTIES INC / EGP Daily stock chart

EASTGROUP PROPERTIES INC

NYSE:EGP (1/30/2025, 8:21:10 PM)

After market: 170.23 0 (0%)

170.23

+2.07 (+1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.23%
1 Week0.45%
2 Weeks5.54%
1 Month5.65%
3 Month-0.57%
6 Month-8.44%
12 Month-7.03%
2 Year1.18%
3 Year-14.85%
5 Year25.1%
10 Year163.35%
15 Year344.93%
Volatility
ATR(14)3.99
ATR(20)%2.2%
ATR Inc12.81%
Range Today2.88
ADR(20)3.47
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.83
Mansfield-1.1
10 Day High173.13
10 Day Low160.57
20 Day High173.13
20 Day Low155.1
52 Week High192.61
52 Week Low155.1
CS1 End168.3
CR1 Start176
Volume & EV
DER(3)1.15%
DER(5)0.12%
Volume323.40K
Volume Incr-11.88%
Vol(5)314.88K
Vol(50)336.25K