ANNALY CAPITAL MANAGEMENT IN (NLY) Technical Analysis
NYSE:NLY • US0357108390
Current stock price
NLY Technical Rating and Analysis
Taking everything into account, NLY scores 1 out of 10 in our technical rating. NLY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- NLY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- NLY is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry. NLY outperforms 86% of them.
- NLY has an average volume of 8374970 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 45% of all stocks.
- 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.
NLY Weekly and Daily overview Charts
NLY Setup Rating and Analysis
Although the technical rating is bad, NLY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NLY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
NLY Support and Resistance Analysis
20.13
We found 2 important support areas.
- A support zone ranging from 20.77 to 21.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @20.33 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.09 to 22.56. 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.
NLY Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for NLY is down. |
| ChartMill Relative Strength | 45.89 | 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) | DOWN | NEGATIVE | The current price of NLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NLY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.13 | 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. |
| Stochastics (14,3) | 32.57 | NEUTRAL | The Stochastics value for NLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for NLY suggests some volalility. |
| Average Directional Index/ADX (14) | 41.59 | POSITIVE | The high ADX value value for NLY suggests a strong trend. |
NLY Chart- and CandleStick Pattern Analysis
NLY Technicals: Chart, Performance Metrics, Trend & Indicators
21.37
+0.24 (+1.14%)
ANNALY CAPITAL MANAGEMENT IN / NLY TA FAQ
What is the ChartMill technical rating of ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for NLY stock?
ANNALY CAPITAL MANAGEMENT IN (NLY) has an RSI value of 43.1312. This indicates that the stock is currently neutral.
What is the MACD signal for ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
The MACD indicator for ANNALY CAPITAL MANAGEMENT IN (NLY) has a value of 0.00691798, indicating a bearish trend.
What is the buy/sell signal for ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
The buy/sell signal for ANNALY CAPITAL MANAGEMENT IN (NLY) is sell as both the short term and long term trends are negative.