PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

  • Meta

  • Follow Blog via Email

    Enter your email address to follow this blog and receive notifications of new posts by email.

  • Subscribe

  • PUG Wave Labeling

    SCI-SCV, SCA-SCC: Super Cycle
    C1-C5, CA-CC :Cycle
    P1-P5, PA-PC : Primary
    [1]-[5], [A]-[C] : Major
    1-5, A-C : Minor
    (1)-(5), (a)-(c) : Minute
    i-v, a-b : Minuette
    Primary Count:
    White/Green (Bull Market)
    White/Red (Bear Market)
    Alternate Count: Blue

  • Categories

  • Archives

Archive for the ‘mREITs’ Category

December 4th, 2013: NLY Weekly Chart

Posted by pugsma on December 4, 2013

10:40 am EST:  The NLY weekly chart shows an interesting bullish falling wedge pattern that has hit a support zone near $10.  There is also potential positive divergence setting up on the weekly RSI and MACD indicators with the new NLY price low.

PUG NLY Weekly Chart 12-4-13

Posted in mREITs | Comments Off on December 4th, 2013: NLY Weekly Chart

Sept 13th, 2013: AGNC Daily Chart

Posted by pugsma on September 13, 2013

10:15 am EST:  AGNC is a mREIT (Mortgage Real Estate Investment Trust) that currently carries a 18.5% annual dividend.   Thus, with AGNC you get paid a big dividend to wait for any price movement higher.  Recently AGNC has been trading near its 2008 IPO price of $20 per share.  This is after coming of a $37 all-time high in May 2013, which is a -45% decline.

AGNC appears to have put in an Inverse Head and Shoulders (IHS) bottom with a head at $20.5, neckline at $23.25 and target of $26 [i.e. 23.25 + (23.25-20.50)].   Over the past few days AGNC has broken above the $23.25 neckline, setting up the potential move to the IHS target of $26.0.  Also notice at the initial $20.5 price low in July there was positive divergence set-up o the daily RSI (14), MACD (12,26,9) and Full-STO.  AGNC price is also now trading above the bullish aligned short-term moving average cluster of 13-day EMA ($22.89), 13-day EMA ($22.69) and 50-day SMA ($22.30).

AGNC Daily Chart with Indicators (morning):

PUG AGNC Daily Chart With Indicators 9-13-13

Posted in mREITs | Comments Off on Sept 13th, 2013: AGNC Daily Chart