ANNALY CAPITAL MANAGEMENT IN (NLY) Stock Technical Analysis
NYSE:NLY - New York Stock Exchange, Inc. - US0357108390 - REIT - Currency: USD
Taking everything into account, NLY scores 7 out of 10 in our technical rating. NLY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
NLY is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 67 other stocks in this industry. NLY outperforms 83% of them.
In the last month NLY has a been trading in the 18.64 - 20.64 range, which is quite wide. It is currently trading near the high of this range.
NLY has an average volume of 7550570 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 50% 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.
Although NLY has an excellent technical rating, it does not present a decent entry opportunity 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
17.33
22.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.02 to 19.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @18.69 from a horizontal line in the daily time frame.
- Support @18.05 from a trend line in the weekly time frame.
- Support @17.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | 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 | 50.13 | 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) | UP | POSITIVE | The current price of NLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.5 | OVERBOUGHT | The high RSI value suggests NLY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NLY has a positive trend. |
| Stochastics (14,3) | 93.21 | OVERBOUGHT | The high Stochastics value suggests NLY may be overbought. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for NLY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.31 | 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)
20.56
+0.11 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.54%
1 Week4.26%
2 Weeks3.79%
1 Month6.86%
3 Month7.03%
6 Month5.54%
12 Month3.52%
2 Year2.34%
3 Year-25.29%
5 Year-30.63%
10 Year-48.34%
15 Year-70.46%
Volatility
ATR(14)0.3
ATR(20)%1.62%
ATR Inc39.91%
Range Today0.49
ADR(20)0.3
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.13
Mansfield-0.51
10 Day High20.64
10 Day Low19.39
20 Day High20.64
20 Day Low18.64
52 Week High22.11
52 Week Low16.6
CS1 End19.95
CR1 Start21.96
Volume & EV
DER(3)5.84%
DER(5)3.61%
Volume7.93M
Volume Incr3.25%
Vol(5)8.03M
Vol(50)7.55M