| NEE latest price $76.6700 (-1.12%) ($76.0200 - $77.9000) on Thu. Nov. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 53 |
Latest Price | $76.6700(-1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.5% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(61%) XLU(57%) ICLN(50%) IFRA(48%) SDY(47%) |
Factors Impacting NEE price | NEE will decline at least -0.815% in a week (0% probabilities). VIXM(-26%) 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 | -0.815% (StdDev 1.63%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.1% |
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