REPORTING FOR 2019-11-06 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how EARN has been trading over the last 2 weeks and the past day especially. On its latest session, Ellington Residential Mortgage REIT ($EARN) opened at 10.7, reaching a high of 10.73 and a low of 10.4822 before closing at a price of 10.73. There was a total volume of 32371.
VOLUME INDICATORS FOR ELLINGTON RESIDENTIAL MORTGAGE REIT ($EARN): We saw an accumulation-distribution index of 215.18293, an on-balance volume of 10.68, chaikin money flow of 15.52 and a force index of 0.03178. There was an ease of movement rating of -0.00084, a volume-price trend of -0.17529 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR ELLINGTON RESIDENTIAL MORTGAGE REIT ($EARN): We noted an average true range of 0.10797, bolinger bands of 10.72684, an upper bollinger band of 10.36536, lower bollinger band of 10.4822, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 10.6374, high band keltner channel of 10.6074, low band keltner channel of 10.6674, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 10.4822, a donchian channel low band of 10.4822, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR ELLINGTON RESIDENTIAL MORTGAGE REIT ($EARN): We calculated a Moving Average Convergence Divergence (MACD) of 0.00287, a MACD signal of 0.00159, a MACD difference of 0.00127, a fast Exponential Moving Average (EMA) indicator of 10.4822, a slow Exponential Moving Average (EMA) indicator of 10.4822, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.21859, a trix of -1.14376, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.17816, a KST Oscillator (KST) of -16.71257 and a KST Oscillator (KST Signal) of -16.71257 (leaving a KST difference of 2.99708). We also found an Ichimoku rating of 10.715, an Ichimoku B rating of 10.715, a Ichimoku visual trend A of 10.76373, an Ichimoku visual trend B of 10.65205, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR ELLINGTON RESIDENTIAL MORTGAGE REIT ($EARN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.13872, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -449.47273, a stochastic oscillator of 826.0, a stochastic oscillator signal of 826.0, a Williams %R rating of 726.0 and an awesome oscillator of 0.026.
RETURNS FOR ELLINGTON RESIDENTIAL MORTGAGE REIT ($EARN): There was a daily return of -1.67126, a daily log return of 1.21184 and a cumulative return of 1.21921.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Ellington Residential Mortgage REIT ($EARN)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Ellington Residential Mortgage REIT ($EARN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.