Question 1

What does the Stochastic Oscillator suggest about EGP's trend?

Accepted Answer

On August 15, 2024, the Stochastic Oscillator for EGP moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 54 instances where the indicator left the oversold zone. In 36 of the 54 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did EGP's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on EGP as a result. In 65 of 100 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for EGP?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for EGP turned negative on July 29, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In 23 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

What does a 3-day price advance indicate for EGP?

Accepted Answer

Following a +0.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where EGP advanced for three days, in 220 of 356 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for EGP's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EGP declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 6

What does EGP breaking above its upper Bollinger Band indicate?

Accepted Answer

EGP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 7

How does the Aroon Indicator reflect on EGP's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 148 of 307 cases where EGP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

EGP Stock EastGroup Properties (EGP, $167.11) price moved above its 50-day Moving Average on June 06, 2024

EGP sees its Stochastic Oscillator climbs out of oversold territory

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