I was in my house when I heard my Dad tell me to come outside and look at a strange shape in the sky. When I went out, I saw most of my neighbors also in the street watching the strange craft. At first I thought it was a hot-air balloon (because the New Mexico Balloon Fiesta is coming next month) but it didn't move at all and was well over 1 mile up in the air. I went inside to grab a camera and my binoculars. When I came out I noticed it was no longer orange, but a blueish white. It no longer glowed and almost seemed like a type of camouflage. I captured some footage on an HD camera. I know this wasn't a balloon because there was no evident flame inside, no basket, and it was way too high up for a balloon. I was also able to film a little using my laptop but at the time the craft was practically camouflaged and only visible with the eye or an HD camera. Most likely you wont be able to see the craft on the low end footage, but it may be with careful examination. This is the first official UFO I have seen, but I have seen strange lights and have heard strange sounds around my house as well. I hope I have provided you with enough information, and that someone can help explain this strange event.