Annaly Capital Management Inc(NLY) is in an uptrend but could lose its momentum

(29-Feb-2008) (29-Feb-2008) Annaly Capital Management Inc(NLY) closed at 20.8, up 0.03 or 0.14 % for the day. Based on our analysis, Annaly Capital Management Inc(NLY) is in an uptrend but could lose its momentum.

The closing price of Annaly Capital Management Inc(NLY) is above its 50 day moving average of 19.27 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Annaly Capital Management Inc(NLY) is losing momentum. Sustained loss of momentum could put the uptrend at risk. The MACD histogram crossed below the signal line on 14-Feb-2008, about 11 trading days ago.