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Annaly Capital M Shares Down 19.3% Since SmarTrend's Sell Call (NLY)

By Nick Russo

SmarTrend identified a Downtrend for Annaly Capital M (NYSE:NLY) on November 3rd, 2017 at $11.27. In approximately 20 months, Annaly Capital M has returned 19.31% as of today's recent price of $9.09.

Annaly Capital M share prices have moved between a 52-week high of $10.78 and a 52-week low of $8.74 and are now trading 4% above that low price at $9.11 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.6%.

Annaly Capital Management, Inc. operates as a capital manager. The Company invests in and finances residential and commercial assets. Annaly Capital Management serves customers in the State of New York.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Annaly Capital M.

Log in and add Annaly Capital M (NLY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights annaly capital m

Ticker(s): NLY