| NEE latest price $77.5400 (2.04%) ($76.2100 - $78.3800) on Wed. Nov. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 56 |
Latest Price | $77.5400(2.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.1% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -0.825% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.825% (StdDev 1.65%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.3% |
| |
|
|