ANNALY CAPITAL MANAGEMENT IN (NLY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NLY - US0357108390 - REIT
Overall NLY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NLY is showing a nice and steady performance.
NLY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.65, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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20.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.69 to 22.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.21 to 20.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.24 to 23.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NLY is up. |
| ChartMill Relative Strength | 80.15 | POSITIVE | NLY has a high relative strength, it outperformed 80.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.62 | NEUTRAL | The RSI value for NLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NLY has a positive trend. |
| Stochastics (14,3) | 87.32 | OVERBOUGHT | The high Stochastics value suggests NLY may be overbought. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for NLY suggests low volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for NLY suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.27 | 22.09 | 1.18 (5.07%) | 19.72% |
| An entry @23.27. This is a Buy Stop order right above the resistance zone. | An exit @22.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.18 points, which is 5.07%. | When investing 19.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.23
+0.29 (+1.26%)
ANNALY CAPITAL MANAGEMENT IN / NLY FAQ
What is the ChartMill technical rating of ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
ChartMill assigns a technical rating of 10 / 10 to NLY.
What is the trend direction for NLY stock?
The current trend direction for ANNALY CAPITAL MANAGEMENT IN (NLY) is Bullish.
Can you provide the RSI signal for ANNALY CAPITAL MANAGEMENT IN?
ANNALY CAPITAL MANAGEMENT IN (NLY) has an RSI value of 64.621. This indicates that the stock is currently neutral.
What is the MACD signal for NLY stock?
The MACD indicator for ANNALY CAPITAL MANAGEMENT IN (NLY) has a value of 0.0380425, indicating a bearish trend.
Can you provide the support and resistance levels for ANNALY CAPITAL MANAGEMENT IN?
ANNALY CAPITAL MANAGEMENT IN (NLY) has a support level at 22.65 and a resistance level at 23.24. Check the full technical report for our detailed analysis of NLY support and resistance levels.