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(EGP) Eastgroup Properties complete technical analysis [charts+indicators] | Buy/Sell Eastgroup Properties | (EGP) share price targets

Complete technical analysis of Eastgroup Properties (EGP) by charts plus indicators, forecast predictions and share price targets for Eastgroup Properties (EGP)

Eastgroup Properties trades in USA in Consumer Services sector.

10 day averaged volume of Eastgroup Properties is 263536

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 165.87 166.74 166.74 165.58 0.577 times
16 Thu May 2024 166.79 166.76 167.72 166.22 0.98 times
15 Wed May 2024 166.76 168.20 168.40 166.60 1.281 times
14 Tue May 2024 165.01 164.43 165.42 162.18 1.086 times
13 Mon May 2024 163.02 165.52 165.64 162.20 0.588 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 165.2, but if it comes below 165.2, then a intra day sell could be more profitable.
If you take a sell trade below 165.2, then use 165.2 as stoploss and 161.33 as target. However if you take a buy trade in stock , then use 165.2 as stoploss and 169.9 as target.

Share price targets for Eastgroup Properties (EGP)

Target Type Value
Downside Target 155.23
Downside Target 162.18
Upside Target 168.40
Upside Target 172.18
Upside Target 173.00
Upside Target 175.02
Upside Target 175.47
Upside Target 180.43
Upside Target 182.60
Upside Target 185.04
Upside Target 188.55

Intraday share price targets for Eastgroup Properties (EGP)

Target Type Value
Downside Intraday Target 162.57
Downside Intraday Target 159.26
Upside Intraday Target 168.79
Upside Intraday Target 171.7
Downside Intraday Target 165.48

Weekly technical analysis of Eastgroup Properties (EGP)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 165.87 165.52 168.40 162.18 0.822 times
10 Fri May 2024 164.49 160.78 165.28 157.62 0.994 times
03 Fri May 2024 159.86 157.32 162.19 155.35 0.619 times
26 Fri Apr 2024 155.92 159.71 166.43 155.23 1.293 times
19 Fri Apr 2024 159.27 172.18 172.18 157.79 1.863 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Eastgroup Properties (EGP)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 165.87 155.36 168.40 155.36 0.539 times
30 Tue Apr 2024 155.36 179.53 180.43 155.23 1.089 times
28 Thu Mar 2024 179.77 175.00 182.60 173.00 1.017 times
29 Thu Feb 2024 175.69 176.99 188.55 175.47 1.167 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Eastgroup Properties (EGP)

Indicator Name Indicator Value Indicator Signal
ADX 27, 19, 19 Buy
MACD -2, -4Buy
Stochastics 83Buy
CCI 76Sell
RSI 46Sell
OBV 1573813Sell
VWAP 164Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Eastgroup Properties ( (EGP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eastgroup Properties ( (EGP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eastgroup Properties ( (EGP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eastgroup Properties ( (EGP) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Eastgroup Properties stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Eastgroup Properties in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eastgroup Properties Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eastgroup Properties in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Eastgroup Properties is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 163.99 and Eastgroup Properties (EGP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Eastgroup Properties (EGP) stock. Volume based technical analysis of Eastgroup Properties (EGP) stock is negative.

Eastgroup Properties Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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