Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of EFC-PE will - over the next 2 Weeks and hit - by . In that time frame, EFC-PE's share price is expected to range between - and -.
BearishAverageBullishEFC-PE shares rose +3.75% in Wednesday, February 12, 2025's trading session, rising from a previous close of $49.92 to move at $51.80. The stock demonstrated notable intraday movement (see EFC-PE's key stats for a full breakdown), fluctuating between $51.27 and $51.84, a +1.11% trading range. While recent weeks have seen some volatility, EFC-PE has managed to secure a -13.15% drop over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 1.68M shares changing hands, 400.87K more than the previous session. This amounted to $87.24M in total market activity.
Will EFC-PE Continue Its Trend?
According to analyst ratings and projections for EFC-PE, Ellington Financial Inc. shares are anticipated to remain stable by -, potentially reaching - per share by January 1, 1970. Short-term technical indicators for EFC-PE currently suggest a bearish sentiment. Despite this, the stock appears to be in a state of indecision, having seen 15 positive and 15 negative trading days over the last 30 sessions. Based on the EFC-PE stock forecast, now is not the best time to buy EFC-PE stock because its current trading price is - our predicted value, hinting at a possible . For deeper insights, view our sentiment analysis on EFC-PE covering social and institutional perspectives.
EFC-PE Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into EFC-PE's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 60.18% to 60.74%) suggest the stock is in a bullish momentum phase. The 50-day RSI, at 62.23%, suggests strong medium-term momentum. Additionally, the 100-day RSI, at 63.23%, points to growing bullish momentum over the long term. Insights into EFC-PE's shareholder base show how institutional investors are positioning themselves during these momentum shifts