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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

EastGroup Properties, Inc. (NYSE:EGP)

Long-Term Downtrend (-90) - EGP is in a strong downtrend that is likely to continue. While EGP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EGP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EGP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_EGP
Open High Low EGP Price Change
162.25 162.25 157.79 159.18 -2.82
Entry Signal

MarketClub’s Trade Triangles for EGP

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 173.00

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 177.94

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 171.86

Smart Scan Analysis for EGP

Based on our trend formula, EGP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.25 162.25 157.79 159.18 -2.82
Prev. Close Volume Bid Ask Time
162.00 261780 2024-04-18 15:59:33
Year High100.86Year High Date2018-11-19
Year Low77.74Year Low Date2018-02-12
52wk High188.8552wk High Date2023-07-26
52wk Low154.7552wk Low Date2023-10-23
Year End Close53.81Average Volume224,467
Shares Outstanding47,957Short Interest1,159,256
% Institutional86.5Market Cap4,626M
Assets451,921,300MLiabilities191,088,600M
P/E Ratio36.6516Beta0.94
Volatility17.55
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