| NEE latest price $57.4300 (2.33%) ($56.4400 - $57.6600) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 44 |
Latest Price | $57.4300(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.2% a day on average for past five trading days. |
Weekly Trend | NEE declines -2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(61%) XLU(61%) ICLN(48%) SPY(47%) IFRA(46%) |
Factors Impacting NEE price | NEE will decline at least -2.29% in a week (0% probabilities). VIXM(-28%) UUP(-19%) TBT(-13%) VXX(-9%) IGOV(-4%) |
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 | -2.29% (StdDev 4.58%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
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