| NEE latest price $72.0700 (4.03%) ($68.9200 - $72.4300) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 55 |
Latest Price | $72.0700(4.03%) |
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 -0.4% 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(58%) ICLN(49%) IFRA(48%) SDY(47%) |
Factors Impacting NEE price | NEE will decline at least -0.755% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-14%) VXX(-8%) 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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.9 () |
Intraday Trend | 3.9% |
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