| NEE latest price $85.0100 (-0.54%) ($84.7630 - $86.3500) on Wed. Oct. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 64 |
Latest Price | $85.0100(-0.54%) |
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 3.1% 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(63%) IFRA(55%) ICLN(54%) SDY(54%) XLU(51%) |
Factors Impacting NEE price | NEE will decline at least -0.575% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-15%) 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 | -0.575% (StdDev 1.15%) |
Hourly BBV | -0.1 () |
Intraday Trend | -1.2% |
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