NLY technical analysis

NLY Technical Analysis

Analysis date

July 17, 2026

Market

NYSE (USD)

Daily cutoff

July 16, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

NLY Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
NLY
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 16, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)22.74July 16, 2026-Verified
Finviz (independent)22.74July 16, 2026 (previous close)0.00%Verified

Bottom line

NLY Technical Analysis Summary

NLY (Annaly Capital Management) shows a largely sideways-to-bearish technical picture on the daily timeframe. The stock at 22.74 sits below SMA20 (22.87, -0.57%) and SMA50 (23.14, -1.73%), while remaining above SMA200 (22.22, +2.34%). This positioning suggests the short-term trend is mildly bearish, but the long-term trend from the SMA200 perspective is still intact. RSI14 at 46.48 is below the 50 midline, indicating neutral-to-weak momentum without oversold conditions. The daily MACD has generated a bearish crossover with the MACD line at -0.01 crossing below the signal line at 0.03, and the histogram at -0.04 is negative — a cautious signal. The weekly timeframe reinforces this mixed picture with price below SMA20 (23.41) but above SMA200 (21.33), and RSI at 47.75 reflecting neutral momentum. Key resistance lies at 23.87 (60-day high) and 24.81 (52-week high). Support rests at 22.30 (20-day low) and 21.56 (60-day low). As a mortgage REIT, NLY price action is closely tied to interest rate expectations and mortgage spread movements, which can produce sudden shifts in technical structure.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 16, 2026)

Trend
Slightly bearish. Price at 22.74 is below SMA20 (22.87, -0.57%) and SMA50 (23.14, -1.73%), but above SMA200 (22.22, +2.34%). The SMA20 and SMA50 are sloping slightly downward, reflecting short-term softness, while SMA200 continues to provide a long-term floor. The price is caught in a narrowing range between SMA50 resistance above and SMA200 support below.
Momentum
Neutral-to-bearish. RSI14 at 46.48 is below the 50 midline, indicating slightly bearish momentum but not extreme. MACD line at -0.01 has crossed below the signal line at 0.03, and the histogram at -0.04 is negative — a bearish crossover signal that suggests short-term momentum is softening. The negative reading is small, indicating the bearish edge is modest.
Volatility
Low-to-moderate. ATR14 at 0.39 (1.72% of price) suggests contained daily movements typical of a large-cap mREIT. Bollinger Bands (22.06 to 23.63) show price oscillating around the midline. Band width is relatively narrow, suggesting a low-volatility environment with potential for expansion.
Volume
Near average. Latest volume of 4,215,400 is 96.4% of the 20-period average (4,372,500), indicating typical participation levels for NLY.

Assessment

The daily chart shows NLY in a mild corrective phase after declining from its May highs near 23.87. The stock is trading below its short-term moving averages but has held above SMA200, which has acted as reliable support. The bearish MACD crossover is a cautionary signal, though the magnitude is small. The low volatility environment and typical volume levels suggest the stock is consolidating rather than trending strongly. The 52-week position at 40.4% reflects the stock is in the middle of its annual range. A break below SMA200 (22.22) would be a more concerning technical development.

Weekly (July 13, 2026 week)

Trend
Mixed. Price at 22.76 is below SMA20 (23.41) and SMA50 (23.89) but above SMA200 (21.33). The SMA20 and SMA50 are sloping downward, reflecting the intermediate-term downtrend from the May 2026 highs. SMA200 continues to slope gradually upward, providing a structural floor. The weekly chart shows a series of lower highs since the March 2026 peak above 24.80.
Momentum
Neutral. RSI14 at 47.75 is slightly below the 50 midline, reflecting neither strong bullish nor bearish momentum. MACD line at -0.11 is below the signal line at -0.08, with a negative histogram of -0.03. The bearish MACD configuration persists but the magnitude has been diminishing, suggesting selling pressure may be exhausting.
Volatility
Moderate. ATR14 at 0.72 (3.16% of price) reflects typical weekly ranges. Bollinger Bands (21.67 to 24.89) show a moderately wide band with the lower band near the SMA200 level.
Volume
Slightly below average. Weekly volume of 20,155,300 is 93.1% of the 20-week average (21,643,200), indicating slightly reduced activity.

Assessment

The weekly chart reveals a broader corrective pattern since the early 2026 highs. Price has been making lower highs since the March peak, but the decline has been orderly rather than abrupt. The SMA200 at 21.33 provides a clearly defined support level that has held throughout the correction. The diminishing bearish MACD histogram suggests the downward momentum is losing intensity. A weekly close above SMA50 (23.89) would be needed to suggest the correction has ended and a new uptrend is beginning.

Key indicators

NLY Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)46.4847.75
MACD (12, 26, 9)-0.01 / 0.03 / -0.04-0.11 / -0.08 / -0.03
ATR (14)0.39 (1.72%)0.72 (3.16%)
Bollinger Bands (20, 2)22.06 - 23.6321.67 - 24.89
SMA (20)22.8723.41
SMA (50)23.1423.89
SMA (200)22.2221.33

Price structure

NLY Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price22.7422.76
1-Period Return+0.13%+0.76%
5-Period Return-0.44%-1.18%
20-Period Return-1.22%-1.04%
60-Period Return-4.09%-6.50%
252-Period Return+8.70%+4.97%
52-Week Low20.4120.41
52-Week High24.8124.81
52-Week Position40.40%39.10%

Key levels

NLY Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High23.6324.89
20-Period Low22.3021.67
60-Period High23.8724.81
60-Period Low21.5621.33

Scenarios

NLY Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above SMA50 (23.14) with increasing volume, followed by a sustained move above the 60-day high at 23.87.

Invalidation

Price falls below SMA200 (22.22) and prints a lower low below the 20-day low at 22.30.

What to watch

Daily RSI reclaiming 50 and trending toward 60; MACD histogram turning positive; volume expanding on up days; interest rate expectations supporting mortgage REIT valuations.

Range-Bound

Trigger

Price continues to oscillate between SMA200 support (22.22) and SMA50 resistance (23.14), with no clear break in either direction.

Invalidation

A decisive break above 23.14 or below 22.22 with above-average volume.

What to watch

RSI staying between 40 and 55; MACD fluctuating around the zero line; volume remaining near or below average; Bollinger Bands remaining relatively narrow.

Bearish

Trigger

Price breaks below SMA200 (22.22) and the 20-day low at 22.30, targeting the 60-day low at 21.56.

Invalidation

Price reclaims and holds above SMA20 (22.87) with increasing volume, invalidating the downside breakout.

What to watch

Daily RSI falling below 40; MACD histogram becoming more negative; volume increasing on down days; interest rate movements negatively impacting mortgage REIT spreads.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 13, 2026 week. Generated July 17, 2026.