Walking my dog for the late night shift, I had my eyes on the night sky it was quite clear. Looking up at the stars, I witnessed a point of light (assuming a star) at the moment turn into a ball of different colors. I watched as it came down vertically from the sky and hover for just a brief moment before completely going behind the tree line closer to the ground. This object gave no trail of entering the atmosphere so I checked off it being a meteor or satellite entry, this object also did not break apart into different sections either however the object stopped in mid descent before going back to “falling”. No noise only three bright bursts of light within split seconds of each other (Green,Blue,Purple) again leaving no streak on the night sky or splitting apart. Freaked me out while I stood on the side of the road watching in awe and quite frankly fear. It was crazy, had my hair standing up on the back of my neck.