| NEE latest price $75.3700 (-1.37%) ($74.7500 - $76.0800) on Tue. Oct. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 77 |
Latest Price | $75.3700(-1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.8% a day on average for past five trading days. |
Weekly Trend | NEE advances 4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(61%) XLU(58%) ICLN(50%) IFRA(48%) SDY(48%) |
Factors Impacting NEE price | NEE will decline at least -0.82% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-14%) VXX(-8%) EDOC(-3%) |
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 | -0.82% (StdDev 1.64%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.5% |
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