| NEE latest price $58.0600 (0.92%) ($56.8200 - $58.3300) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 41 |
Latest Price | $58.0600(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.7% a day on average for past five trading days. |
Weekly Trend | NEE declines -1.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(61%) XLU(61%) ICLN(48%) IFRA(47%) SPY(47%) |
Factors Impacting NEE price | NEE will decline at least -2.305% 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 | -2.305% (StdDev 4.61%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2% |
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