| NEE latest price $73.9300 (4.9%) ($72.7900 - $74.8300) on Tue. Sep. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 61 |
Latest Price | $73.9300(4.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.3% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(60%) XLU(58%) ICLN(49%) IFRA(47%) SDY(47%) |
Factors Impacting NEE price | NEE will decline at least -0.78% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-14%) VXX(-8%) UNG(-2%) |
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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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