Annaly Capital Management Technical Analysis (NYSE:NLY)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Annaly Capital Management stock price data and volume are plotted in NLY stock charts and these trading charts form the basis of technical analysis.
See Annaly Capital Management bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Annaly Capital Management stock analysis that does not care for the fair value of a company but uses price and volume data only.
Annaly Capital Management Moving Average
Moving averages help predict the price direction of NLY stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Annaly Capital Management are mostly signals of long term trends and will help long term traders.
Annaly Capital Management Bollinger Bands
Bollinger bands comprise of a center line usually NLY SMA, and two NLY stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Annaly Capital Management bollinger bands show that the stock price is $10.32, upper band is 10.5, lower band is 10.2, and the average is 10.35.
Annaly Capital Management Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Annaly Capital Management MACD line is above the signal line.
Annaly Capital Management Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of NLY stock is 38.64.