Annaly(NLY) ZACKS·2025-02-28 15:55Group 1 - Annaly Capital Management Inc (NLY) has reached a key level of support and is showing potential for a bullish breakout due to a "golden cross" formation, where the 50-day simple moving average has crossed above the 200-day simple moving average [1] - The golden cross indicates a positive trend reversal after a downtrend, suggesting that NLY could continue to gain momentum towards higher prices [2] - NLY shares have increased by 6.2% over the past four weeks, and the company holds a 1 (Strong Buy) rating on the Zacks Rank, indicating strong bullish sentiment [3] Group 2 - There have been three upward revisions in earnings estimates for NLY over the past 60 days, with no downward revisions, leading to an improved Zacks Consensus Estimate for the current quarter [3] - The combination of positive earnings outlook and technical indicators suggests that investors may want to monitor NLY for potential gains in the near future [4]