| NEE latest price $85.5300 (0.91%) ($84.3200 - $85.7100) on Fri. Nov. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 76 |
Latest Price | $85.5300(0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.1% a day on average for past five trading days. |
Weekly Trend | NEE advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based 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(51%) |
Factors Impacting NEE price | NEE will decline at least -0.585% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-15%) 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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.9% |
| |
|
|