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Stock Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Ellington Financial Inc. (NYSE:EFC)

Long-Term Downtrend (-90) - EFC is in a strong downtrend that is likely to continue. While EFC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYSE_EFC
Open High Low EFC Price Change
11.100 11.150 11.040 11.115 +0.085
Entry Signal

MarketClub’s Trade Triangles for EFC

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 12.43

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2024 at 12.23

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 11.23

Smart Scan Analysis for EFC

Based on our trend formula, EFC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EFC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.100 11.150 11.040 11.115 +0.085
Prev. Close Volume Bid Ask Time
11.030 515214 2024-04-17 15:59:28
Year High16.84Year High Date2018-08-27
Year Low14.12Year Low Date2018-02-28
52wk High14.2152wk High Date2023-07-19
52wk Low10.8852wk Low Date2024-04-16
Year End Close22.46Average Volume850,034
Shares Outstanding85,104Short Interest48,678
% Institutional71Market Cap603M
Assets153,159,300MLiabilities137,988,590M
P/E Ratio12.3933Beta0.69
Volatility12.5
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