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(EFC) Ellington Financial complete technical analysis [charts+indicators] | Buy/Sell Ellington Financial | (EFC) share price targets

Complete technical analysis of Ellington Financial (EFC) by charts plus indicators, forecast predictions and share price targets for Ellington Financial (EFC)

Ellington Financial trades in USA in Finance sector.

Showing technical analysis as on 2024-10-09 View latest technical analysis

10 day averaged volume of Ellington Financial is 859300

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	12.42	12.46	12.51	12.41	0.962 times
08 Tue Oct 2024	12.44	12.44	12.46	12.37	0.811 times
07 Mon Oct 2024	12.37	12.49	12.49	12.31	0.818 times
04 Fri Oct 2024	12.46	12.58	12.61	12.41	1.026 times
03 Thu Oct 2024	12.50	12.58	12.59	12.46	1.12 times
02 Wed Oct 2024	12.60	12.55	12.66	12.47	0.837 times
01 Tue Oct 2024	12.58	12.92	12.94	12.53	1.379 times
30 Mon Sep 2024	12.89	12.90	12.96	12.83	0.91 times
27 Fri Sep 2024	13.02	13.04	13.10	12.99	1.186 times
26 Thu Sep 2024	12.98	13.01	13.07	12.95	0.896 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.6, but if it comes above 12.6, then a intra day buy could be more profitable.
If you take a sell trade below 12.6, then use 12.6 as stoploss and 12.2 as target. However if you take a buy trade in stock , then use 12.6 as stoploss and 12.9 as target.

Share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Target	11.76
Downside Target	12.30
Upside Target	12.83
Upside Target	12.96
Upside Target	13.10
Upside Target	13.16
Upside Target	13.18
Upside Target	13.31
Upside Target	13.40
Upside Target	13.46

Intraday share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Intraday Target	12.32
Downside Intraday Target	12.21
Upside Intraday Target	12.52
Upside Intraday Target	12.61
Downside Intraday Target	12.41

Weekly technical analysis of Ellington Financial (EFC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	12.42	12.49	12.51	12.31	0.492 times
04 Fri Oct 2024	12.46	12.90	12.96	12.41	1.065 times
27 Fri Sep 2024	13.02	13.14	13.16	12.94	0.684 times
20 Fri Sep 2024	13.11	13.29	13.40	13.10	1.626 times
13 Fri Sep 2024	13.30	13.07	13.31	12.93	1.476 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ellington Financial (EFC)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	12.42	12.92	12.94	12.31	0.338 times
30 Mon Sep 2024	12.89	13.07	13.40	12.83	0.849 times
30 Fri Aug 2024	13.15	12.71	13.46	11.82	0.845 times
31 Wed Jul 2024	12.69	12.08	13.18	11.76	1.399 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ellington Financial (EFC)

Price action analysis of Ellington Financial ( (EFC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ellington Financial ( (EFC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ellington Financial ( (EFC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ellington Financial stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ellington Financial in short term and the sell signal is strong.

Ellington Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Ellington Financial in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ellington Financial is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.63 and Ellington Financial (EFC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ellington Financial (EFC) stock. Volume based technical analysis of Ellington Financial (EFC) stock is negative.

Ellington Financial Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.