ELLINGTON FINANCIAL INC (EFC)

US28852N1090 - REIT

11.71  +0.11 (+0.95%)

After market: 11.7495 +0.04 (+0.34%)

Technical Rating and Analysis

1

Taking everything into account, EFC scores 1 out of 10 in our technical rating. EFC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

76% of all other stocks performed better in the past year than EFC.
EFC is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 69% of 64 stocks in the same industry do better.
EFC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EFC is lagging the market.
In the last month EFC has a been trading in the 10.88 - 11.81 range, which is quite wide. It is currently trading near the high of this range.
EFC has an average volume of 1024050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Weekly and Daily overview Charts
EFC Weekly chart
EFC Daily chart
Setup Rating and Analysis

3

The technical rating of EFC is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

10.79

14.05

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 11.38 to 11.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @11.18 from a horizontal line in the weekly time frame.
  • A support zone ranging from 10.90 to 10.91. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 6 important resistance areas.

  • A resistance zone ranging from 11.74 to 11.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 12.41 to 12.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 12.79 to 12.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 13.08 to 13.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @13.49 from a trend line in the weekly time frame.
  • Resistance @13.91 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.62
Mansfield-1.67
10 Day High11.75
10 Day Low10.88
20 Day High11.81
20 Day Low10.88
52 Week High14.21
52 Week Low10.88
Performance
1 Week2.54%
2 Weeks4.65%
1 Month-0.85%
3 Month-9.22%
6 Month-2.5%
12 Month-8.3%
2 Year-27.67%
3 Year-34.73%
5 Year-35.09%
10 Year-50.53%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)57.09
LBB10.9
UBB11.83
EFC Daily chart

ELLINGTON FINANCIAL INC

NYSE:EFC (4/26/2024, 7:04:00 PM)

After market: 11.7495 +0.04 (+0.34%)

11.71

+0.11 (+0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.95%
1 Week2.54%
2 Weeks4.65%
1 Month-0.85%
3 Month-9.22%
6 Month-2.5%
12 Month-8.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.22
ATR(20)%1.83%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.75
10 Day Low10.88
20 Day High11.81
20 Day Low10.88
52 Week High14.21
52 Week Low10.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume903.70K
Volume Incr-13.44%
Vol(5)736.88K
Vol(50)1.02M