Is Ellington Financial, Inc. technically bullish or bearish?

As of 8 August 2025, the technical trend for Ellington Financial, Inc. has changed from mildly bullish to bullish. The weekly MACD is bullish, and the KST is also bullish on both weekly and monthly time frames, indicating strong upward momentum. However, the weekly Dow Theory shows a mildly bearish stance, which suggests some caution. The moving averages are mildly bullish on a daily basis, while Bollinger Bands reflect a mildly bullish trend on both weekly and monthly scales.
In terms of performance, the stock has underperformed the S&P 500 over the past week and month, with returns of -2.29% and -3.5% respectively, compared to the S&P 500's gains of 1.05% and 2.33%. However, year-to-date, the stock has a positive return of 9.16%, though it lags behind the S&P 500's 12.22% return. Overall, the current technical stance is bullish, but the mixed signals from some indicators suggest a need for cautious optimism.