MENU

EARN Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Top EARN on February 27, 2025, netting in a 1.86% gain over 2 weeks

A.I.dvisor
at Tickeron.com
Loading...
+1.86% Gain from a Successful pattern Triangle Symmetrical Top
EARN - Ellington Credit Company
Tickeron
Ticker: EARN
Company: Ellington Credit
Gain from shorting: +1.86%
Confirmed: 02/27/25
Succeeded: 03/10/25
Total length: 18 days
On February 20, 2025, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for Ellington Credit Company (EARN, $6.45). 7 days later, on February 27, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 10, 2025, the stock hit the target price of $6.27 – resulting in a gain for traders who shorted the stock on the pattern detection date.

EARN's Indicator enters downward trend

The Aroon Indicator for EARN entered a downward trend on March 11, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 158 similar instances where the Aroon Indicator formed such a pattern. In of the 158 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EARN as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for EARN turned negative on February 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

EARN moved below its 50-day moving average on March 04, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EARN crossed bearishly below the 50-day moving average on March 06, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EARN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for EARN's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EARN advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .

EARN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

View a ticker or compare two or three
EARN
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a real estate investment trust

Industry

Profile
Fundamentals
Details
Industry
Real Estate Investment Trusts
Address
53 Forest Avenue
Phone
+1 203 698-1200
Employees
170
Web
https://www.earnreit.com