| NEE latest price $83.9200 (2.3%) ($82.3800 - $84.6600) on Wed. Oct. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 70 |
Latest Price | $83.9200(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.9% a day on average for past five trading days. |
Weekly Trend | NEE advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(63%) IFRA(55%) ICLN(54%) SDY(54%) XLU(52%) |
Factors Impacting NEE price | NEE will decline at least -0.585% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-16%) VXX(-5%) IGOV(-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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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