| NEE latest price $83.7100 (-0.4%) ($83.6500 - $84.7500) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 71 |
Latest Price | $83.7100(-0.4%) |
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 4.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(62%) XLU(56%) ICLN(50%) IFRA(48%) SDY(48%) |
Factors Impacting NEE price | NEE will decline at least -0.715% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-17%) VXX(-7%) UNG(-2%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.4% |
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