Ellington Residential Mortgage Reit Stock Forecast

Sell candidate since May 28, 2026 Loss -5.49%

The Ellington Residential Mortgage REIT stock price fell by -1.48% on the last day (Wednesday, 3rd Jun 2026) from $4.72 to $4.65. During the last trading day the stock fluctuated 1.29% from a day low at $4.65 to a day high of $4.71. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -123 thousand shares and in total, 232 thousand shares were bought and sold for approximately $1.08 million.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4.62 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 7.53% during the next 3 months and, with a 90% probability hold a price between $4.97 and $5.33 at the end of this 3-month period.

EARN Signals & Forecast

There are few to no technical positive signals at the moment. The Ellington Residential Mortgage REIT stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $4.79 and $4.75. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 27, 2026, and so far it has fallen -5.68%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Ellington Residential Mortgage REIT stock

Ellington Residential Mortgage REIT finds support from accumulated volume at $4.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0600 between high and low, or 1.29%. For the last week the stock has had daily average volatility of 2.04%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EARN) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Ellington Residential Mortgage REIT to open at $4.67, and during the day (based on 14 day Average True Range), to move between $4.60 and $4.70, which gives a possible trading interval of +/-$0.102 (+/-2.22%) up or down from last closing price. If Ellington Residential Mortgage REIT takes out the full calculated possible swing range there will be an estimated 2.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.72 (1.51%) than the support at $4.58 (1.51%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Ellington Residential Mortgage REIT stock A Buy?

The Ellington Residential Mortgage REIT stock holds several negative signals and despite the positive trend, we believe Ellington Residential Mortgage REIT will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.085 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $4.67 ( 0.430%).

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