ANNALY CAPITAL MANAGEMENT IN (NLY) Stock Technical Analysis
NYSE:NLY - New York Stock Exchange, Inc. - US0357108390 - REIT - Currency: USD
We assign a technical rating of 5 out of 10 to NLY. In the past year, NLY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
NLY is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 75% of 66 stocks in the same industry.
In the last month NLY has a been trading in the 18.64 - 19.86 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
NLY has an average volume of 7427220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NLY turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
NLY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NLY is lagging the market.
NLY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.42, a Stop Loss order could be placed below this zone.
More info and screens
17.13
22.18
We found 3 important support areas.
- A support zone ranging from 19.02 to 19.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.01 from a trend line in the weekly time frame.
- A support zone ranging from 17.30 to 17.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.50 to 19.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.96 to 21.96. 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 | NEUTRAL | NEUTRAL | The long term trend for NLY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NLY is up. |
| ChartMill Relative Strength | 43.81 | NEUTRAL | NLY is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of NLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.21 | NEUTRAL | The RSI value for NLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.78 | NEUTRAL | The Stochastics value for NLY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for NLY suggests low volalility. |
| Average Directional Index/ADX (14) | 11.7 | NEGATIVE | The low ADX value for NLY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
19.47
-0.18 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.92%
1 Week-0.21%
2 Weeks3.45%
1 Month1.51%
3 Month8.77%
6 Month0.78%
12 Month-2.99%
2 Year-3.09%
3 Year-29.25%
5 Year-34.31%
10 Year-51.08%
15 Year-72.03%
Volatility
ATR(14)0.31
ATR(20)%1.6%
ATR Inc-21.58%
Range Today0.33
ADR(20)0.28
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.81
Mansfield-0.86
10 Day High19.86
10 Day Low18.7
20 Day High19.86
20 Day Low18.64
52 Week High22.11
52 Week Low16.6
CS1 End19.42
CR1 Start19.5
Volume & EV
DER(3)-1.63%
DER(5)-0.63%
Volume6.94M
Volume Incr-24.97%
Vol(5)5.90M
Vol(50)7.43M