| NEE latest price $75.9100 (0.77%) ($75.5100 - $76.2800) on Wed. Dec. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 66 |
Latest Price | $75.9100(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.3% 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 | Value 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(62%) XLU(57%) ICLN(50%) IFRA(49%) SDY(49%) |
Factors Impacting NEE price | NEE will decline at least -0.625% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-16%) VXX(-7%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 1 () |
Intraday Trend | 0.4% |
| |
|
|