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Stock Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

Ellington Financial Inc. (NYSE:EFC)

Crossroads (+60) - EFC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
12.120 12.190 12.070 12.115 +0.265
Entry Signal

MarketClub’s Trade Triangles for EFC

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 12.4300

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 11.7499

short term up The short-term trend has been UP since Jun 12th, 2024 at 11.9900

Smart Scan Analysis for EFC

Based on our trend formula, EFC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EFC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.120 12.190 12.070 12.115 +0.265
Prev. Close Volume Bid Ask Time
11.850 883334 2024-06-12 15:59:01
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 Volume789,750
Shares Outstanding85,042Short Interest48,678
% Institutional71Market Cap603M
Assets151,326,000MLiabilities135,991,410M
P/E Ratio18.8095Beta0.69
Volatility12.5
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