| NEE latest price $90.3200 (-0.1%) ($89.5900 - $90.9200) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 59 |
Latest Price | $90.3200(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.6% a day on average for past five trading days. |
Weekly Trend | NEE advances 1% a week on average for past two weeks. |
Market Behavior | Growth 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%) ICLN(55%) IFRA(55%) SDY(55%) XLU(51%) |
Factors Impacting NEE price | NEE will decline at least -0.6% 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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.4% |
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