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 2 out of 10 to NLY. In the past year, NLY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NLY is a bad performer in the overall market: 76% of all stocks are doing better.
NLY has an average volume of 7925490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NLY is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry, NLY did better than 40% of them.
NLY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NLY is lagging the market slightly.
In the last month NLY has a been trading in a tight range between 18.43 and 19.50.
NLY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.07, 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.
More info and screens
17.13
22.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.98 to 19.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.86 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 19.21 to 19.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for NLY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NLY is neutral. |
| ChartMill Relative Strength | 24.99 | NEGATIVE | NLY has a low relative strength, it was outperformed by 75.01% 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) | DOWN | NEGATIVE | The current price of NLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.01 | NEUTRAL | The RSI value for NLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.66 | NEUTRAL | The Stochastics value for NLY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for NLY suggests low volalility. |
| Average Directional Index/ADX (14) | 11.54 | 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)
19.13
-0.05 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.26%
1 Week-1.8%
2 Weeks1.32%
1 Month1.86%
3 Month-11.76%
6 Month0.58%
12 Month-4.3%
2 Year-4.4%
3 Year-19.08%
5 Year-27.1%
10 Year-47.96%
15 Year-72.11%
Volatility
ATR(14)0.27
ATR(20)%1.52%
ATR Inc-1.17%
Range Today0.21
ADR(20)0.28
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.99
Mansfield-0.68
10 Day High19.51
10 Day Low18.91
20 Day High19.51
20 Day Low18.43
52 Week High22.11
52 Week Low16.6
CS1 End19.07
CR1 Start19.21
Volume & EV
DER(3)-1.92%
DER(5)-2.87%
Volume14.53M
Volume Incr7.82%
Vol(5)8.02M
Vol(50)7.93M