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Stock Trend Analysis Report

Prepared for you on Sunday, December 8, 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
12.140 12.290 12.140 12.275 +0.115
Entry Signal

MarketClub’s Trade Triangles for EFC

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 11.820

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 12.975

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 12.320

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
12.140 12.290 12.140 12.275 +0.115
Prev. Close Volume Bid Ask Time
12.270 536555 2024-12-06 15:59:36
Year High16.84Year High Date2018-08-27
Year Low14.12Year Low Date2018-02-28
52wk High13.4652wk High Date2024-08-26
52wk Low10.8852wk Low Date2024-04-16
Year End Close22.46Average Volume784,155
Shares Outstanding90,662Short Interest48,678
% Institutional71Market Cap603M
Assets150,926,530MLiabilities135,398,680M
P/E Ratio10.0496Beta0.69
Volatility12.5
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