ECF Stock Ellsworth Growth and Income Fund (ECF, $9.51) RSI Indicator left the oversold zone on March 03, 2025

GET DAILY SIGNALS

Get AI intraday signals

ECF - Ellsworth Growth and Income Fund Ltd

RSI signal

View

Odds of UP Trend

Price: $9.51

Daily change: -$0.18 (-1.86%)

Daily volume: 85.2K

Net Assets: $149.8M

ECF in upward trend: price may ascend as a result of having broken its lower Bollinger Band on March 03, 2025

ECF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 32 cases where ECF's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for ECF'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 shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ECF as a result. In of 76 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 ECF turned negative on February 19, 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 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

ECF moved below its 50-day moving average on February 24, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ECF crossed bearishly below the 50-day moving average on March 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 ECF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ECF entered a downward trend on March 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.