(EFC) Ellington Financial complete technical analysis [charts+indicators] | Buy/Sell Ellington Financial | (EFC) share price targets
Complete technical analysis of Ellington Financial (EFC) by charts plus indicators, forecast predictions and share price targets for Ellington Financial (EFC)
Ellington Financial trades in USA in Finance sector.
Showing technical analysis as on 2024-06-07 View latest technical analysis
10 day averaged volume of Ellington Financial is 810310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 11.93 | 11.95 | 11.98 | 11.89 | 0.79 times |
| 06 Thu Jun 2024 | 12.02 | 12.11 | 12.13 | 11.99 | 0.701 times |
| 05 Wed Jun 2024 | 12.16 | 12.03 | 12.17 | 11.97 | 0.791 times |
| 04 Tue Jun 2024 | 12.01 | 12.13 | 12.14 | 11.99 | 1.195 times |
| 03 Mon Jun 2024 | 12.15 | 12.20 | 12.22 | 12.07 | 1.232 times |
| 31 Fri May 2024 | 12.12 | 12.09 | 12.14 | 12.04 | 1.115 times |
| 30 Thu May 2024 | 12.16 | 11.94 | 12.20 | 11.93 | 1.163 times |
| 29 Wed May 2024 | 11.92 | 11.95 | 11.97 | 11.84 | 1.043 times |
| 28 Tue May 2024 | 12.02 | 12.03 | 12.08 | 11.98 | 0.878 times |
| 24 Fri May 2024 | 12.01 | 11.85 | 12.01 | 11.81 | 0.773 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.9 as stoploss in an intra day buy trade for a target of 12.02. However, stock will show a bearish move below 11.9.
Share price targets for Ellington Financial (EFC)
| Target Type | Value |
| Downside Target | 10.88 |
| Downside Target | 11.43 |
| Downside Target | 11.74 |
| Downside Target | 11.92 |
| Upside Target | 12.15 |
| Upside Target | 12.20 |
| Upside Target | 12.22 |
| Upside Target | 12.25 |
| Upside Target | 12.47 |
Intraday share price targets for Ellington Financial (EFC)
| Target Type | Value |
| Downside Intraday Target | 11.81 |
| Downside Intraday Target | 11.68 |
| Upside Intraday Target | 12.14 |
| Upside Intraday Target | 12.34 |
| Upside Intraday Target | 12.01 |
Weekly technical analysis of Ellington Financial (EFC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 11.93 | 12.20 | 12.22 | 11.89 | 1.121 times |
| 31 Fri May 2024 | 12.12 | 12.03 | 12.20 | 11.84 | 0.773 times |
| 24 Fri May 2024 | 12.01 | 12.16 | 12.25 | 11.79 | 1.265 times |
| 17 Fri May 2024 | 12.15 | 11.90 | 12.15 | 11.74 | 0.8 times |
| 10 Fri May 2024 | 11.90 | 11.73 | 11.91 | 11.51 | 1.368 times |
Price has moved down 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 Ellington Financial (EFC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 11.93 | 12.20 | 12.22 | 11.89 | 0.217 times |
| 31 Fri May 2024 | 12.12 | 11.45 | 12.25 | 11.43 | 1.014 times |
| 30 Tue Apr 2024 | 11.44 | 11.81 | 11.81 | 10.88 | 0.894 times |
| 28 Thu Mar 2024 | 11.81 | 11.33 | 11.92 | 11.02 | 0.657 times |
Scroll below to view daily charts
Price has moved down 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 Ellington Financial (EFC)
Price action analysis of Ellington Financial ( (EFC) ) based on a short 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.
Price action analysis of Ellington Financial ( (EFC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ellington Financial ( (EFC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ellington Financial ( (EFC) ) based on a mid to longer 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.
ADX buy sell signal for Ellington Financial stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Ellington Financial in short term but the sell signal is initial and weak.
Ellington Financial Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ellington Financial in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ellington Financial is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.06 and Ellington Financial (EFC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Ellington Financial (EFC) stock. Volume based technical analysis of Ellington Financial (EFC) stock is negative.
Ellington Financial Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Ellington Financial ( (EFC) ) based on a short 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.
Price action analysis of Ellington Financial ( (EFC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ellington Financial ( (EFC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ellington Financial ( (EFC) ) based on a mid to longer 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.
ADX buy sell signal for Ellington Financial stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Ellington Financial in short term but the sell signal is initial and weak.
Ellington Financial Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ellington Financial in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ellington Financial is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.06 and Ellington Financial (EFC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Ellington Financial (EFC) stock. Volume based technical analysis of Ellington Financial (EFC) stock is negative.
Ellington Financial Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.