ELLINGTON FINANCIAL INC (EFC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EFC - US28852N1090 - REIT
13.61 USD
+0.14 (+1.04%)
13.6 USD
-0.01 (-0.07%)
We assign a technical rating of 5 out of 10 to EFC. EFC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
EFC is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 89% of 69 stocks in the same industry.
EFC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EFC is lagging the market slightly.
EFC has an average volume of 1323300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, EFC outperforms 63% of them, which is more or less in line with the market.
In the last month EFC has a been trading in a tight range between 13.27 and 14.04.
Volume is considerably higher in the last couple of days.
EFC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EFC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.23
14.50
7 important support areas can be observed.
- A support zone ranging from 13.49 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.14 to 13.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 12.65 to 12.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.39 from a horizontal line in the daily time frame.
- A support zone ranging from 11.87 to 11.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @11.59 from a horizontal line in the weekly time frame.
- Support @11.34 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.67 to 13.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.35 to 14.36. 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 | NEUTRAL | NEUTRAL | The long term trend for EFC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EFC is neutral. |
| ChartMill Relative Strength | 63.46 | NEUTRAL | EFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EFC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for EFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EFC has a negative trend. |
| Stochastics (14,3) | 40.24 | NEUTRAL | The Stochastics value for EFC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for EFC suggests low volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for EFC 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)
13.61
+0.14 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.04%
1 Week-0.51%
2 Weeks0.07%
1 Month0.96%
3 Month-1.59%
6 Month7.25%
12 Month10.92%
2 Year7.08%
3 Year10.02%
5 Year-8.29%
10 Year-18.89%
15 Year-38.8%
Volatility
ATR(14)0.21
ATR(20)%1.89%
ATR Inc23.61%
Range Today0.17
ADR(20)0.24
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.46
3 months CRS38.33
6 months CRS57.93
Mansfield-0.65
10 Day High14.04
10 Day Low13.3
20 Day High14.04
20 Day Low13.27
52 Week High14.4
52 Week Low11.12
CS1 End13.58
CR1 Start13.67
Volume & EV
DER(3)1.36%
DER(5)3.37%
Volume1.47M
Volume Incr61.42%
Vol(5)2.05M
Vol(50)1.32M
ELLINGTON FINANCIAL INC / EFC FAQ
What is the ChartMill technical rating of ELLINGTON FINANCIAL INC (EFC) stock?
ChartMill assigns a technical rating of 5 / 10 to EFC.
What is the trend direction for EFC stock?
The current trend direction for ELLINGTON FINANCIAL INC (EFC) is Bearish.
What is the RSI signal for ELLINGTON FINANCIAL INC (EFC) stock?
ELLINGTON FINANCIAL INC (EFC) has an RSI value of 49.6238. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ELLINGTON FINANCIAL INC?
The short term momentum for ELLINGTON FINANCIAL INC (EFC) is neutral.