| NEE latest price $77.9200 (1.43%) ($76.8700 - $78.3500) on Fri. Jul. 16, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 71 |
Latest Price | $77.9200(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.8% a day on average for past five trading days. |
Weekly Trend | NEE advances 1.4% 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(63%) IFRA(53%) SDY(53%) XLU(53%) ICLN(51%) |
Factors Impacting NEE price | NEE will decline at least -0.57% in a week (0% probabilities). VIXM(-26%) UUP(-19%) TBT(-17%) VXX(-5%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.57% (StdDev 1.14%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
| |
|
|