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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 2024-10-31 View latest technical analysis

10 day averaged volume of Ellington Financial is 748910

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	12.09	12.30	12.32	12.09	1.093 times
30 Wed Oct 2024	12.45	12.55	12.60	12.45	0.977 times
29 Tue Oct 2024	12.50	12.50	12.54	12.31	1.228 times
28 Mon Oct 2024	12.51	12.60	12.61	12.50	0.931 times
25 Fri Oct 2024	12.57	12.75	12.79	12.55	1.182 times
24 Thu Oct 2024	12.69	12.65	12.70	12.57	0.847 times
23 Wed Oct 2024	12.60	12.60	12.63	12.46	0.841 times
22 Tue Oct 2024	12.61	12.64	12.65	12.55	1.212 times
21 Mon Oct 2024	12.65	12.84	12.86	12.63	1.11 times
18 Fri Oct 2024	12.81	12.76	12.81	12.71	0.864 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12.2, for a target of 12.4 or 12.54

Share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Target	11.76
Downside Target	12.09
Upside Target	12.61
Upside Target	12.82
Upside Target	12.83
Upside Target	12.86
Upside Target	12.94
Upside Target	12.96
Upside Target	13.18
Upside Target	13.40
Upside Target	13.46

Intraday share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Intraday Target	11.92
Downside Intraday Target	11.74
Upside Intraday Target	12.44
Upside Intraday Target	12.78
Upside Intraday Target	12.26

Weekly technical analysis of Ellington Financial (EFC)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	12.09	12.60	12.61	12.09	0.815 times
25 Fri Oct 2024	12.57	12.84	12.86	12.46	1.177 times
18 Fri Oct 2024	12.81	12.45	12.82	12.41	0.983 times
11 Fri Oct 2024	12.48	12.49	12.51	12.31	0.742 times
04 Fri Oct 2024	12.46	12.90	12.96	12.41	1.065 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
31 Thu Oct 2024	12.09	12.92	12.94	12.09	0.989 times
30 Mon Sep 2024	12.89	13.07	13.40	12.83	0.849 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ellington Financial ( (EFC) ) based on a mid to longer 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.

ADX buy sell signal for Ellington Financial stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 12.54 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.