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Market Impact: 0.12

EFC Crosses Above Key Moving Average Level

EFC
Market Technicals & FlowsCompany Fundamentals

Ellington Financial (EFC) crossed above its 200-day moving average of $13.17, with shares trading as high as $13.32 and up about 0.8% on the day. The move is a modest bullish technical signal, but the article provides no fundamental news or catalyst beyond the chart-based breakout.

Analysis

Ellington Financial (EFC) crossed above its 200-day moving average of $13.17, with shares trading as high as $13.32 and up about 0.8% on the day. The move is a modest bullish technical signal, but the article provides no fundamental news or catalyst beyond the chart-based breakout.

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EFC0.15