| NEE latest price $54.5600 (-9.31%) ($53.2600 - $58.0000) on Wed. Apr. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.24% (three month average) |
RSI | 55 |
Latest Price | $54.5600(-9.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.7% a day on average for past five trading days. |
Weekly Trend | NEE advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) XLU(69%) SPLV(68%) IWD(55%) SDY(55%) SPY(55%) |
Factors Impacting NEE price | NEE will decline at least -2.12% in a week (0% probabilities). VIXM(-32%) UUP(-21%) VXX(-10%) TBT(-8%) USO(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.12% (StdDev 4.24%) |
Hourly BBV | -1.8 () |
Intraday Trend | -5.5% |
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