ELLINGTON CREDIT CO (EARN) Stock Technical Analysis
NYSE:EARN - New York Stock Exchange, Inc. - US2885781078 - Currency: USD
Overall EARN gets a technical rating of 1 out of 10. EARN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
76% of all other stocks performed better in the past year than EARN.
EARN is part of the Capital Markets industry. There are 227 other stocks in this industry, of which 71% are performing better than EARN.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month EARN has a been trading in the 4.33 - 5.98 range, which is quite wide. It is currently trading near the high of this range.
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.
EARN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of EARN 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.
More info and screens
5.44
7.22
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 5.50 to 5.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.68 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.37 from a horizontal line in the daily time frame.
- Resistance @6.52 from a trend line in the daily time frame.
- Resistance @6.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.13 to 7.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.83
Mansfield-1.44
10 Day High5.58
10 Day Low4.49
20 Day High5.98
20 Day Low4.33
52 Week High7.26
52 Week Low4.33
Performance
1 Week6.6%
2 Weeks15.34%
1 Month-6.31%
3 Month-17.07%
6 Month-19.97%
12 Month-18.79%
2 Year-25.51%
3 Year-37.47%
5 Year-38.45%
10 Year-66.48%
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)0.11
RSI(14)53.29
LBB4.36
UBB5.69
5.49
+0.05 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.92%
1 Week6.6%
2 Weeks15.34%
1 Month-6.31%
3 Month-17.07%
6 Month-19.97%
12 Month-18.79%
2 Year-25.51%
3 Year-37.47%
5 Year-38.45%
10 Year-66.48%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.57%
ATR Inc-51.47%
Range Today0.11
ADR(20)0.23
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.83
Mansfield-1.44
10 Day High5.58
10 Day Low4.49
20 Day High5.98
20 Day Low4.33
52 Week High7.26
52 Week Low4.33
CS1 EndN/A
CR1 Start5.5
Volume & EV
DER(3)-0.97%
DER(5)2.41%
Volume482.00K
Volume Incr-61.4%
Vol(5)460.12K
Vol(50)919.87K