| NEE latest price $74.8000 (1%) ($73.6900 - $75.2000) on Mon. Mar. 29, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 52 |
Latest Price | $74.8000(1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.9% a day on average for past five trading days. |
Weekly Trend | NEE declines -0.6% a week on average for past two weeks. |
Market Behavior | Normal 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(55%) IFRA(50%) SDY(50%) ICLN(49%) |
Factors Impacting NEE price | NEE will decline at least -1.01% in a week (0% probabilities). VIXM(-26%) UUP(-18%) TBT(-17%) VXX(-6%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.01% (StdDev 2.02%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.9% |
| |
|
|