EGX30 technical analysis
A descriptive read of the index and its members: trend, momentum, pivot levels, and the strongest and weakest stocks, with no buy or sell recommendations.
As of the October 7, 2026 close, the technical read for EGX30 is "Downtrend with improving momentum" at 53,265.16 points. RSI is 42.6, with the 20-session average at 54,102.28 against the 50-session at 54,726.29. Nearest resistance is 53,498.07 and nearest support 53,046.05, with the pivot at 53,278.97. This is a descriptive read of completed sessions, not a buy or sell recommendation.
Trend state and momentum
A descriptive reading of the index and its constituents, without buy or sell recommendations.
Downtrend with improving momentum
Calculated through session 2026-10-07
Scaled to the EGX indices’ own distribution: median 61, with 32% of sessions above 70.
Computed from the 2026-07-29 session through the 2026-10-07 session
Index movement over 20 sessions
Daily candles for the last 20 sessions; detailed levels are listed below the chart.
Movement and momentum details
Computed from the 2026-07-13 session through the 2026-10-07 session
Support and resistance levels with pivots
Classic levels derived from the latest session high, low, and close, plus the 20-session range.
Computed from the 2026-10-07 session alone
Computed from the 2026-09-10 session through the 2026-10-07 session
Market breadth
A straight count over the constituents that traded this session, no weighting.
Computed from the 2026-10-07 session alone
Index stars and constituent liquidity
-17.09% versus average
Top 5 gainers · 20 sessions
- 1Telecom Egypt+17.47%
- 2QALAA For Financial Investments+8.52%
- 3E-finance For Digital and Financial Investments+5.21%
- 4Alexandria Containers and goods+3.23%
- 5GB Corp+3.02%
Top 5 losers · 20 sessions
- 1Orascom Development Egypt-71.26%
- 2Edita Food Industries S.A.E-40.41%
- 3Eastern Company-20.31%
- 4Misr Cement (Qena)-18.22%
- 5Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda-14.13%
This is descriptive analysis based on historical data, not a buy or sell recommendation for the index or its constituents.
Frequently Asked Questions
What does the trend state shown for EGX30 mean?
The state describes where the index sits against its moving averages and momentum, it is not a recommendation. It is derived from five inputs: index vs its 20-session average, the 20-session average vs the 50, MACD momentum, RSI, and the last five sessions. The agreement figure states how many of those five support the direction shown.
How are the pivot, resistance and support levels calculated?
From the last completed session's high, low and close using the classic formulas: pivot = (high + low + close) ÷ 3, first resistance = (2 × pivot) − low, first support = (2 × pivot) − high. These describe price zones; they are not targets or recommendations.
When is the data updated?
The analysis is computed from completed sessions only, so it updates after each close. Today's session is excluded until it finishes, so a partial candle cannot produce a misleading read. The weekly star rolls on Friday to the last completed Sunday–Thursday trading week.
Where are the current support and resistance levels for EGX30?
As of the October 7, 2026 close, nearest resistance is 53,498.07 points and nearest support 53,046.05 points, with the pivot at 53,278.97. These come from the classic formulas applied to the last completed session's high, low and close, and describe price zones, not targets or recommendations.