| NEE latest price $84.7000 (2.68%) ($82.0600 - $84.9000) on Wed. Nov. 30, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 69 |
Latest Price | $84.7000(2.68%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(55%) SDY(45%) IFRA(44%) ICLN(43%) IWD(40%) |
Factors Impacting NEE price | NEE will decline at least -1.06% in a week (0% probabilities). UNG(-9%) TBT(-9%) VIXM(-6%) VCSH(-6%) URA(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.06% (StdDev 2.12%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.2% |
| |
|
|