| NEE latest price $70.6900 (1.87%) ($69.6600 - $71.0100) on Thu. Oct. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 54 |
Latest Price | $70.6900(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.4% a day on average for past five trading days. |
Weekly Trend | NEE declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth 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(61%) XLU(58%) ICLN(49%) IFRA(48%) SDY(48%) |
Factors Impacting NEE price | NEE will decline at least -0.835% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-14%) VXX(-8%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.835% (StdDev 1.67%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.3% |
| |
|
|