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(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 2024-09-16 View latest technical analysis

10 day averaged volume of Ellington Financial is 716539

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	13.33	13.29	13.34	13.26	1.226 times
13 Fri Sep 2024	13.30	13.31	13.31	13.19	1.473 times
12 Thu Sep 2024	13.23	13.15	13.25	13.10	1.072 times
11 Wed Sep 2024	13.13	13.11	13.15	12.93	0.913 times
10 Tue Sep 2024	13.20	13.13	13.21	13.07	0.957 times
09 Mon Sep 2024	13.08	13.07	13.12	12.93	0.922 times
06 Fri Sep 2024	13.03	13.10	13.18	12.98	0.735 times
05 Thu Sep 2024	13.13	13.06	13.19	13.05	0.777 times
04 Wed Sep 2024	12.99	13.10	13.17	12.98	1.046 times
03 Tue Sep 2024	13.14	13.07	13.16	13.01	1.056 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.3, but if it comes below 13.3, then a intra day sell could be more profitable.
If you take a sell trade below 13.3, then use 13.3 as stoploss and 13.18 as target. However if you take a buy trade in stock , then use 13.3 as stoploss and 13.4 as target.

Share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Target	11.43
Downside Target	11.76
Downside Target	12.25
Downside Target	12.93
Downside Target	13.18
Downside Target	13.19
Downside Target	13.26
Downside Target	13.31
Upside Target	13.34
Upside Target	13.46

Intraday share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Intraday Target	13.28
Downside Intraday Target	13.23
Upside Intraday Target	13.36
Upside Intraday Target	13.39
Downside Intraday Target	13.31

Weekly technical analysis of Ellington Financial (EFC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	13.33	13.29	13.34	13.26	0.23 times
13 Fri Sep 2024	13.30	13.07	13.31	12.93	1.476 times
06 Fri Sep 2024	13.03	13.07	13.19	12.98	3.447 times
30 Fri Aug 2024	13.15	13.16	13.16	13.00	0.164 times
30 Fri Aug 2024	13.15	13.44	13.46	13.00	1.183 times

Price has moved up 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
16 Mon Sep 2024	13.33	13.07	13.34	12.93	0.35 times
30 Fri Aug 2024	13.15	12.71	13.46	11.82	0.845 times
31 Wed Jul 2024	12.69	12.08	13.18	11.76	1.399 times
28 Fri Jun 2024	12.08	12.20	12.30	11.82	1.001 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ellington Financial ( (EFC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ellington Financial in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ellington Financial Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ellington Financial in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 13.17 and Ellington Financial (EFC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.