ANNALY CAPITAL MANAGEMENT IN (NLY) Technical Analysis
NYSE:NLY • US0357108390
Taking everything into account, NLY scores 5 out of 10 in our technical rating. In the last year, NLY was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- NLY is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry. NLY outperforms 89% 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 8173010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, NLY outperforms 47% of them, which is more or less in line with the market.
- In the last month NLY has a been trading in a tight range between 22.27 and 23.39.
Although the technical rating is only medium, NLY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.53, a Stop Loss order could be placed below this zone.
More info and screens
20.01
We found 4 important support areas.
- Support @22.53 from a trend line in the daily time frame.
- Support @22.12 from a horizontal line in the daily time frame.
- Support @21.68 from a trend line 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.97 to 23.20. 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 | NEUTRAL | NEUTRAL | The short term trend for NLY is neutral. |
| ChartMill Relative Strength | 47.62 | 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) | 47.17 | 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) | 53.64 | NEUTRAL | The Stochastics value for NLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for NLY suggests low volalility. |
| Average Directional Index/ADX (14) | 15.23 | NEGATIVE | The low ADX value for NLY suggests a weak or negative trend. |
NLY Technicals: Chart, Performance Metrics, Trend & Indicators
22.97
+0.02 (+0.09%)
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 5 / 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 47.1748. 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 neutral.
What are the support and resistance levels for ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
ANNALY CAPITAL MANAGEMENT IN (NLY) has a support level at 22.53 and a resistance level at 22.97. Check the full technical report for our detailed analysis of NLY support and resistance levels.