| NEE latest price $75.5100 (1.12%) ($74.4500 - $75.5650) on Mon. Feb. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 22 |
Latest Price | $75.5100(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.1% a day on average for past five trading days. |
Weekly Trend | NEE declines -5.1% 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) XLU(81%) SPLV(57%) IFRA(44%) SDY(44%) XLP(44%) |
Factors Impacting NEE price | NEE will decline at least -0.91% in a week (0% probabilities). TBT(-16%) VIXM(-14%) VXX(-6%) IGOV(-6%) EDOC(-6%) |
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 | -0.91% (StdDev 1.82%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.2% |
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