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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Ellington Credit Company 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
6.980 7.030 6.970 7.025 +0.035
Entry Signal

MarketClub’s Trade Triangles for EARN

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 6.62

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 6.81

short term up The short-term trend has been UP since Oct 11th, 2024 at 6.76

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
6.980 7.030 6.970 7.025 +0.035
Prev. Close Volume Bid Ask Time
6.990 145496 2024-10-22 15:57:17
Year High12.13Year High Date2018-01-02
Year Low10.23Year Low Date2018-02-05
52wk High7.2652wk High Date2024-05-21
52wk Low5.0952wk Low Date2023-10-30
Average Volume336,539Shares Outstanding25,327
Market Cap132MAssets933,457,000M
Liabilities787,328,000MP/E Ratio25.8889
Volatility16.65
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