Ellsworth Growth and Income Fund Stock Crosses Below 200-Day Average

Shares of the closed-end fund have fallen below a key technical indicator, raising questions about whether it's time to sell.

Published on Mar. 4, 2026

Shares of Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF), a closed-end management investment company, have fallen below their 200-day moving average, a key technical indicator that some investors watch closely. The stock is currently trading at $11.60 per share, down 2.2% on the day, after hitting a low of $11.45 earlier in the session.

Why it matters

A stock's 200-day moving average is often viewed as an important barometer of the long-term trend. When a stock's price falls below this level, it can be a bearish signal that the overall trend has shifted to the downside, potentially prompting some investors to reevaluate their positions.

The details

Ellsworth Growth and Income Fund is a closed-end fund that seeks to provide investors with a combination of capital appreciation and current income. The fund invests primarily in a diversified portfolio of U.S. stocks that pay dividends and exhibit long-term growth potential. In addition to equities, the fund may also invest in preferred stocks, convertible securities, and other income-oriented instruments.

  • On Tuesday, Ellsworth Growth and Income Fund's stock price crossed below its 200-day moving average of $11.84.

The players

Ellsworth Growth and Income Fund

A closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income.

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The takeaway

The drop below the 200-day moving average could signal a shift in the long-term trend for Ellsworth Growth and Income Fund's stock, potentially prompting some investors to reevaluate their positions in the fund. However, a single technical indicator should not be the sole basis for an investment decision, and investors should consider the fund's overall fundamentals and their own investment objectives before making any changes to their portfolios.