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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Ellington Financial Inc. (NYSE:EFC)
Sidelines Mode (+55) - EFC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EFC?
MarketClub looks at technical strength and momentum to determine if the timing is right for EFC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EFC
The long-term trend has been DOWN since Sep 27th, 2023 at 12.4300
The intermediate-term trend has been UP since May 3rd, 2024 at 11.7499
The short-term trend has been DOWN since May 8th, 2024 at 11.6100
Smart Scan Analysis for EFC
Based on our trend formula, EFC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.520 | 11.785 | 11.510 | 11.760 | +0.140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.750 | 1321715 | 2024-05-08 15:59:38 |
| Year High | 16.84 | Year High Date | 2018-08-27 |
| Year Low | 14.12 | Year Low Date | 2018-02-28 |
| 52wk High | 14.21 | 52wk High Date | 2023-07-19 |
| 52wk Low | 10.88 | 52wk Low Date | 2024-04-16 |
| Year End Close | 22.46 | Average Volume | 753,914 |
| Shares Outstanding | 85,104 | Short Interest | 48,678 |
| % Institutional | 71 | Market Cap | 603M |
| Assets | 153,159,300M | Liabilities | 137,988,590M |
| P/E Ratio | 13.0562 | Beta | 0.69 |
| Volatility | 12.5 |