ANNALY CAPITAL MANAGEMENT IN (NLY) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NLY • US0357108390
We assign a technical rating of 4 out of 10 to NLY. NLY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month NLY has a been trading in the 22.27 - 24.52 range, which is quite wide. It is currently trading near the lows of this range.
- NLY is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 70 other stocks in this industry. NLY outperforms 88% of them.
- NLY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NLY is lagging the market slightly.
- NLY has an average volume of 8244450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, NLY outperforms 54% of them, which is more or less in line with the market.
NLY has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.01
We found 4 important support areas.
- Support @22.63 from a trend line in the weekly time frame.
- A support zone ranging from 22.12 to 22.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.44 to 21.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.81 to 23.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.40 to 24.40. 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 | DOWN | NEGATIVE | The short term trend for NLY is down. |
| ChartMill Relative Strength | 54.28 | NEUTRAL | NLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NLY is below 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) | 41.57 | NEUTRAL | The RSI value for NLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests NLY has a negative trend. |
| Stochastics (14,3) | 19.55 | OVERSOLD | The low Stochastics value suggests NLY may be oversold. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for NLY suggests some volalility. |
| Average Directional Index/ADX (14) | 25.19 | POSITIVE | The high ADX value value for NLY suggests a strong trend. |
22.63
-0.22 (-0.96%)
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 4 / 10 to NLY.
What is the current trend direction of ANNALY CAPITAL MANAGEMENT IN (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 41.566. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ANNALY CAPITAL MANAGEMENT IN?
The short term momentum for ANNALY CAPITAL MANAGEMENT IN (NLY) is negative.
What are the support and resistance levels for ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
ANNALY CAPITAL MANAGEMENT IN (NLY) has a support level at 22.63 and a resistance level at 22.81. Check the full technical report for our detailed analysis of NLY support and resistance levels.