Annaly Capital Management Inc(NLY) has rising momentum with an uptrend

(29-Jan-2008) (29-Jan-2008) Annaly Capital Management Inc(NLY) closed at 19.55, down -0.38 or -1.91 % today. Based on our analysis, Annaly Capital Management Inc(NLY) has rising momentum with an uptrend.

The closing price of Annaly Capital Management Inc(NLY) is above its 50 day moving average of 17.68 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Annaly Capital Management Inc(NLY) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 22-Jan-2008, about 7 trading days ago.