EastGroup Properties Stock Forecast - Price Action Indicator

EGO Stock  EUR 165.00  4.00  2.48%   
EastGroup Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of EastGroup Properties' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
EastGroup Properties has current Price Action Indicator of 4.5. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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EastGroup Properties Trading Date Momentum

On November 26 2024 EastGroup Properties was traded for  165.00  at the closing time. The highest daily price throughout the period was 165.00  and the lowest price was  160.00 . There was no trading activity during the period 0.0. Lack of trading volume on 11/26/2024 did not affect price variability. The overall trading delta to current closing price is 3.03% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for EastGroup Properties

For every potential investor in EastGroup, whether a beginner or expert, EastGroup Properties' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EastGroup Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EastGroup. Basic forecasting techniques help filter out the noise by identifying EastGroup Properties' price trends.

EastGroup Properties Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EastGroup Properties stock to make a market-neutral strategy. Peer analysis of EastGroup Properties could also be used in its relative valuation, which is a method of valuing EastGroup Properties by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

EastGroup Properties Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of EastGroup Properties' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of EastGroup Properties' current price.

EastGroup Properties Market Strength Events

Market strength indicators help investors to evaluate how EastGroup Properties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EastGroup Properties shares will generate the highest return on investment. By undertsting and applying EastGroup Properties stock market strength indicators, traders can identify EastGroup Properties entry and exit signals to maximize returns.

EastGroup Properties Risk Indicators

The analysis of EastGroup Properties' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in EastGroup Properties' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eastgroup stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Additional Information and Resources on Investing in EastGroup Stock

When determining whether EastGroup Properties is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EastGroup Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eastgroup Properties Stock. Highlighted below are key reports to facilitate an investment decision about Eastgroup Properties Stock:
Check out Historical Fundamental Analysis of EastGroup Properties to cross-verify your projections.
For more detail on how to invest in EastGroup Stock please use our How to Invest in EastGroup Properties guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, there is a significant difference between EastGroup Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if EastGroup Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EastGroup Properties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.