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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Ellington Residential Mortgage REIT Common Shares of Beneficial Interest (NYSE:EARN)

Countertrend Up (+85) - EARN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid EARN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EARN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_EARN
Open High Low EARN Price Change
6.72 6.87 6.72 6.86 +0.18
Entry Signal

MarketClub’s Trade Triangles for EARN

long term up The long-term trend has been UP since Mar 18th, 2024 at 6.450

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 6.105

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 6.730

Smart Scan Analysis for EARN

Based on our trend formula, EARN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EARN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.72 6.87 6.72 6.86 +0.18
Prev. Close Volume Bid Ask Time
6.87 270863 2024-03-27 15:57:51
Year High12.13Year High Date2018-01-02
Year Low10.23Year Low Date2018-02-05
52wk High7.6452wk High Date2023-07-26
52wk Low5.0952wk Low Date2023-10-30
Average Volume269,136Shares Outstanding19,820
Market Cap132MAssets945,690,000M
Liabilities809,452,000MP/E Ratio22.1613
Volatility16.65
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