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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 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.
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MarketClub’s Trade Triangles for EFC
The long-term trend has been DOWN since Sep 27th, 2023 at 12.43
The intermediate-term trend has been DOWN since Jan 31st, 2024 at 12.23
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.12 | 11.24 | 11.10 | 11.24 | +0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.12 | 159819 | 2024-04-18 10:14:52 |
| 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 | 850,034 |
| Shares Outstanding | 85,104 | Short Interest | 48,678 |
| % Institutional | 71 | Market Cap | 603M |
| Assets | 153,159,300M | Liabilities | 137,988,590M |
| P/E Ratio | 12.4944 | Beta | 0.69 |
| Volatility | 12.5 |