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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 2024-09-26 View latest technical analysis

10 day averaged volume of Ellington Financial is 1050630

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	12.98	13.01	13.07	12.95	0.733 times
25 Wed Sep 2024	12.96	13.09	13.10	12.94	0.832 times
24 Tue Sep 2024	13.11	13.07	13.14	13.06	0.726 times
23 Mon Sep 2024	13.03	13.14	13.16	13.03	0.788 times
20 Fri Sep 2024	13.11	13.18	13.23	13.10	1.884 times
19 Thu Sep 2024	13.25	13.27	13.33	13.13	1.08 times
18 Wed Sep 2024	13.15	13.22	13.29	13.10	1.145 times
17 Tue Sep 2024	13.24	13.37	13.40	13.21	0.974 times
16 Mon Sep 2024	13.33	13.29	13.34	13.26	0.836 times
13 Fri Sep 2024	13.30	13.31	13.31	13.19	1.005 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13, but if it comes above 13, then a intra day buy could be more profitable.
If you take a sell trade below 13, then use 13 as stoploss and 12.9 as target. However if you take a buy trade in stock , then use 13 as stoploss and 13.13 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
Upside Target	13.16
Upside Target	13.18
Upside Target	13.19
Upside Target	13.31
Upside Target	13.40
Upside Target	13.46

Intraday share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Intraday Target	12.89
Downside Intraday Target	12.81
Upside Intraday Target	13.11
Upside Intraday Target	13.25
Upside Intraday Target	13.03

Weekly technical analysis of Ellington Financial (EFC)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	12.98	13.14	13.16	12.94	0.52 times
20 Fri Sep 2024	13.11	13.29	13.40	13.10	1.626 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

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
26 Thu Sep 2024	12.98	13.07	13.40	12.93	0.762 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 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 to mid 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 mid to longer 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

ADX buy sell signal for Ellington Financial stock for short term is SELL. 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.

Ellington Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Ellington Financial in short term

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ellington Financial is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.15 and Ellington Financial (EFC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.