Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Ellington Financial is 815880

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	11.67	11.48	11.67	11.45	0.896 times
22 Mon Apr 2024	11.47	11.45	11.51	11.38	0.813 times
19 Fri Apr 2024	11.42	11.25	11.43	11.22	1.119 times
18 Thu Apr 2024	11.27	11.12	11.32	11.10	1.191 times
17 Wed Apr 2024	11.12	11.10	11.15	11.04	0.742 times
16 Tue Apr 2024	11.03	11.01	11.07	10.88	0.974 times
15 Mon Apr 2024	11.03	11.23	11.28	10.95	1.028 times
12 Fri Apr 2024	11.19	11.26	11.30	11.15	0.738 times
11 Thu Apr 2024	11.28	11.20	11.29	11.08	0.873 times
10 Wed Apr 2024	11.13	11.35	11.44	11.06	1.707 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.6, but if it comes below 11.6, then a intra day sell could be more profitable.
If you take a sell trade below 11.6, then use 11.6 as stoploss and 11.39 as target. However if you take a buy trade in stock , then use 11.6 as stoploss and 11.9 as target.

Share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Target	10.88
Upside Target	11.81
Upside Target	11.92
Upside Target	12.09
Upside Target	12.47
Upside Target	12.59
Upside Target	13.04
Upside Target	13.20

Intraday share price targets for Ellington Financial (EFC)

Target Type	Value
Downside Intraday Target	11.48
Downside Intraday Target	11.28
Upside Intraday Target	11.77
Upside Intraday Target	11.86
Downside Intraday Target	11.57

Weekly technical analysis of Ellington Financial (EFC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	11.67	11.45	11.67	11.38	0.338 times
19 Fri Apr 2024	11.42	11.23	11.43	10.88	1.036 times
12 Fri Apr 2024	11.19	11.44	11.59	11.06	0.924 times
05 Fri Apr 2024	11.38	11.81	11.81	11.23	1.164 times
28 Thu Mar 2024	11.81	11.72	11.92	11.49	0.905 times

Price has moved up 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
23 Tue Apr 2024	11.67	11.81	11.81	10.88	0.712 times
28 Thu Mar 2024	11.81	11.33	11.92	11.02	0.657 times
29 Thu Feb 2024	11.33	12.25	12.47	10.89	1.188 times
31 Wed Jan 2024	12.21	12.68	13.04	12.09	0.668 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ellington Financial ( (EFC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ellington Financial in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ellington Financial Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ellington Financial in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.25 and Ellington Financial (EFC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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