ELLSWORTH GROWTH AND INCOME (ECF) Stock Technical Analysis
NYSEARCA:ECF - NYSE Arca - US2890741067 - Currency: USD
We assign a technical rating of 10 out of 10 to ECF. Both in the recent history as in the last year, ECF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ECF did better than 81% of all other stocks. We also observe that the gains produced by ECF over the past year are nicely spread over this period.
ECF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ECF is performing more or less in line with the market.
In the last month ECF has a been trading in the 8.96 - 9.88 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although ECF has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.23
10.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.42 to 9.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.67 from a trend line in the weekly time frame.
- Support @8.53 from a horizontal line in the weekly time frame.
- Support @8.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.99 to 10.08. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ECF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECF is up. |
| ChartMill Relative Strength | 81.06 | POSITIVE | ECF has a high relative strength, it outperformed 81.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.82 | NEUTRAL | The RSI value for ECF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECF has a negative trend. |
| Stochastics (14,3) | 84.02 | OVERBOUGHT | The high Stochastics value suggests ECF may be overbought. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for ECF suggests low volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for ECF 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.89 | 9.48 | 0.41 (4.11%) | 24.33% |
| An entry @9.89. This is a Buy Stop order right above the 10 day high. | An exit @9.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.41 points, which is 4.11%. | When investing 24.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:ECF (5/30/2025, 8:04:00 PM)
9.78
-0.07 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.71%
1 Week0.51%
2 Weeks0.93%
1 Month7.47%
3 Month0.93%
6 Month-1.86%
12 Month20.89%
2 Year23.33%
3 Year6.19%
5 Year-11.41%
10 Year7.71%
15 Year46.19%
Volatility
ATR(14)0.13
ATR(20)%1.48%
ATR Inc-28.68%
Range Today0.08
ADR(20)0.13
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.06
Mansfield0.32
10 Day High9.88
10 Day Low9.49
20 Day High9.88
20 Day Low8.96
52 Week High10.14
52 Week Low8.02
CS1 End9.76
CR1 Start9.99
Volume & EV
DER(3)-1.63%
DER(5)-1.19%
Volume10.90K
Volume Incr-35.97%
Vol(5)23.86K
Vol(50)51.78K