NLY Watch

One of my favorite dividend plays, Annhaly Capital Management Inc. (NLY), has moved into phase on the macd, albeit a bit anemically: Only 0.01% above the zero line, and a downward trend.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
NLY $15.94

At 1:24 p.m. Eastern

So, by my rules it would not be a directional play. However, a 16% annual dividend yield on this real-estate investment company can overcome a lot of technical angst.

NLY pays quarterly, and next goes ex-dividend at the end of June.

The price has seen a 5.4% increase from Friday's low, although the stock is down intra-day in today's trading.

Reversal Levels:

• $17.26, +8.3%
• $16.59, +4.1%
• $16.28, +2.1%
• $15.94 <== You are here
• $15.11, -5.2%
• $14.94, -6.3%

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Abbreviations: 
psar - Parabolic Stop and Reverse 
adx - Average Directional Index 
pps - Person's Proprietary Signal 
ma20 - 20-day moving average macd - Moving Average Convergence-Divergence 
sto - Fast Stochastic

About the glance: The colors indicate the state of each signal.

• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.

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