ELLINGTON CREDIT CO (EARN) Stock Technical Analysis
NYSE:EARN - US2885781078
5.71 USD
-0.17 (-2.89%)
5.77 USD
+0.06 (+1.05%)
Taking everything into account, EARN scores 3 out of 10 in our technical rating. In the last year, EARN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
83% of all other stocks performed better in the past year than EARN.
EARN is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 76% are performing better than EARN.
In the last month EARN has a been trading in the 5.55 - 5.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
EARN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EARN is lagging the market.
Although the technical rating is bad, EARN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 5.70, a Stop Loss order could be placed below this zone.
More info and screens
5.42
6.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.58 to 5.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.47 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.72 to 6.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EARN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EARN is neutral. |
| ChartMill Relative Strength | 17.88 | NEGATIVE | EARN has a low relative strength, it was outperformed by 82.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EARN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EARN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EARN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for EARN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EARN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.41 | NEUTRAL | The Stochastics value for EARN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for EARN suggests low volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for EARN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.71
-0.17 (-2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.89%
1 Week-2.23%
2 Weeks1.6%
1 Month0.88%
3 Month1.6%
6 Month-11.75%
12 Month-17.49%
2 Year-13.48%
3 Year-29.33%
5 Year-49.74%
10 Year-56.08%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%1.96%
ATR Inc-1.31%
Range Today0.11
ADR(20)0.11
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.88
Mansfield-1.56
10 Day High5.89
10 Day Low5.57
20 Day High5.89
20 Day Low5.55
52 Week High7.11
52 Week Low4.33
CS1 End5.7
CR1 Start5.72
Volume & EV
DER(3)-4.08%
DER(5)-2.64%
Volume546.40K
Volume Incr-19.3%
Vol(5)330.80K
Vol(50)333.39K