| NEE latest price $70.1500 (-2.66%) ($69.4900 - $72.7700) on Thu. Sep. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 51 |
Latest Price | $70.1500(-2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.1% a day on average for past five trading days. |
Weekly Trend | NEE declines -0.2% 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) SPLV(61%) XLU(58%) ICLN(49%) IFRA(48%) SDY(47%) |
Factors Impacting NEE price | NEE will decline at least -0.77% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.77% (StdDev 1.54%) |
Hourly BBV | -0.5 () |
Intraday Trend | -2.8% |
| |
|
|