EARN NEWS why is Ellington Residential Mortgage Reit price falling or rising

EARN NEWS reasons for why stock price of Ellington Residential Mortgage Reit is falling or rising

EARN Ellington Residential is falling or rising technical reasons

Technical analysis forecast of Ellington Residential Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ellington Residential EARN at this time. Stock is rising and might rise more.

It appears as if Ellington Residential EARN gave a large move recently.

Stock of Ellington Residential (EARN) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Ellington Residential is bullish for shortterm, and stock might move up till 7.1 or till 7.2. Use a stoploss of 7.02 and if this stock hits its stoploss, then it can fall down till 6.93

EARN Ellington Residential is falling or rising NEWS fundamental reasons

Budget 2024: 80% flexi workers earn Rs 20,000 a month, shows Eco Survey Budget 2024: India employs nearly 5.4 million formal contract staff or flexi workers through organised contract/temporary staffing companies, according to Economic Survey 2024 - NEWS as on 2024-07-22 business-standard.com

More announcements and NEWS

EARN Ellington Residential Mortgage Reit current price & indicator signals

Moving Averages for Ellington Residential Mortgage Reit

  • 5Day Average: 7.07
  • 12Day Average: 7.06
  • 20Day Average: 7.01
  • 50Day Average: 7.02
  • 100Day Average: 6.89
  • 150Day Average: 6.59
  • 200Day Average: 6.42

EARN Indicators & signals

Indicator MACD (12,26,9)

7.05, 7.01, 0.02
Indicator MACD is in positive zone

Indicator ADX (14)

0, 50, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EARN Ellington Residential Mortgage Reit are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 7.05 7.04 to 7.09 0.28% 0.69 times
25 Thu Jul 2024 7.03 7.02 to 7.11 -0.57% 0.45 times
24 Wed Jul 2024 7.07 7.01 to 7.11 0% 0.57 times
23 Tue Jul 2024 7.07 6.92 to 7.17 -0.84% 3.75 times
22 Mon Jul 2024 7.13 7.00 to 7.14 1.71% 0.61 times
19 Fri Jul 2024 7.01 6.99 to 7.07 -0.71% 0.65 times
18 Thu Jul 2024 7.06 7.00 to 7.15 -1.12% 0.75 times
17 Wed Jul 2024 7.14 7.11 to 7.20 -0.14% 0.48 times
16 Tue Jul 2024 7.15 7.04 to 7.18 1.85% 1.02 times
15 Mon Jul 2024 7.02 6.99 to 7.10 -0.14% 1.01 times
12 Fri Jul 2024 7.03 7.01 to 7.08 0.43% 0.71 times
11 Thu Jul 2024 7.00 6.99 to 7.11 0% 1.11 times

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EARN NEWS why is Ellington Residential Mortgage Reit price falling or rising

 

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