ELLINGTON FINANCIAL INC (EFC) Stock Technical Analysis
NYSE:EFC - US28852N1090 - REIT
13.64 USD
-0.11 (-0.8%)
13.64 USD
0 (0%)
Taking everything into account, EFC scores 8 out of 10 in our technical rating. Although EFC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
EFC is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 83% of 67 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
EFC has an average volume of 1129280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EFC turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
EFC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
11.23
14.50
5 important support areas can be observed.
- A support zone ranging from 12.65 to 12.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.39 from a horizontal line in the daily time frame.
- Support @11.95 from a horizontal line in the weekly time frame.
- Support @11.76 from a trend line in the weekly time frame.
- Support @11.34 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The long term trend for EFC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFC is up. |
| ChartMill Relative Strength | 53.64 | NEUTRAL | EFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFC is above 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) | 54.66 | NEUTRAL | The RSI value for EFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EFC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.34 | NEUTRAL | The Stochastics value for EFC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for EFC suggests low volalility. |
| Average Directional Index/ADX (14) | 27.41 | POSITIVE | The high ADX value value for EFC suggests a strong 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)
13.64
-0.11 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.8%
1 Week-2.71%
2 Weeks-0.8%
1 Month7.4%
3 Month8.51%
6 Month-4.95%
12 Month3.73%
2 Year2.02%
3 Year-7.08%
5 Year9.47%
10 Year-24.72%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.62%
ATR Inc-32.74%
Range Today0.1
ADR(20)0.2
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.64
Mansfield-0.29
10 Day High14.07
10 Day Low13.6
20 Day High14.07
20 Day Low12.6
52 Week High14.4
52 Week Low11.12
CS1 End12.97
CR1 Start14.35
Volume & EV
DER(3)-2.22%
DER(5)-0.93%
Volume1.24M
Volume Incr-2.73%
Vol(5)1.23M
Vol(50)1.13M