| NEE latest price $75.5100 (-0.28%) ($75.3500 - $83.3400) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 51 |
Latest Price | $75.5100(-0.28%) |
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 -0.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(50%) IFRA(48%) SDY(47%) |
Factors Impacting NEE price | NEE will decline at least -0.83% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-15%) VXX(-7%) EDOC(-5%) |
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 | -0.83% (StdDev 1.66%) |
Hourly BBV | 0.4 () |
Intraday Trend | -6.6% |
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