| NEE latest price $70.7100 (-2.43%) ($70.2600 - $72.0800) on Mon. May. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 21 |
Latest Price | $70.7100(-2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.2% a day on average for past five trading days. |
Weekly Trend | NEE declines -3.6% 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(67%) IFRA(59%) SDY(59%) ICLN(56%) IWD(55%) |
Factors Impacting NEE price | NEE will decline at least -0.895% in a week (0% probabilities). VIXM(-24%) UUP(-22%) TBT(-17%) VXX(-3%) UNG(-0%) |
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 | -0.895% (StdDev 1.79%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.5% |
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