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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Sidelines Mode (+55) - EARN 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 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
6.760 6.780 6.685 6.725 -0.025
Entry Signal

MarketClub’s Trade Triangles for EARN

long term up The long-term trend has been UP since Mar 18th, 2024 at 6.45

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 6.51

short term up The short-term trend has been UP since Apr 18th, 2024 at 6.68

Smart Scan Analysis for EARN

Based on our trend formula, EARN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EARN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.760 6.780 6.685 6.725 -0.025
Prev. Close Volume Bid Ask Time
6.730 160921 2024-04-24 15:59:54
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 Volume238,330Shares Outstanding19,820
Market Cap132MAssets945,690,000M
Liabilities809,452,000MP/E Ratio21.7097
Volatility16.65
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