| NEE latest price $65.1200 (2.39%) ($62.6400 - $65.1900) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 71 |
Latest Price | $65.1200(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.4% a day on average for past five trading days. |
Weekly Trend | NEE advances 5% a week on average for past two weeks. |
Market Behavior | Value stock 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(60%) XLU(60%) ICLN(49%) IFRA(47%) SPY(47%) |
Factors Impacting NEE price | NEE will decline at least -2.22% in a week (0% probabilities). VIXM(-28%) UUP(-18%) TBT(-13%) VXX(-9%) IGOV(-5%) |
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 | -2.22% (StdDev 4.44%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.9% |
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