| NEE latest price $73.8300 (2.24%) ($72.1800 - $73.8700) on Fri. Mar. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 47 |
Latest Price | $73.8300(2.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.3% a day on average for past five trading days. |
Weekly Trend | NEE declines -2.7% 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) XLU(81%) SPLV(56%) XLP(45%) IFRA(42%) SDY(42%) |
Factors Impacting NEE price | NEE will decline at least -0.85% in a week (0% probabilities). TBT(-15%) EDOC(-13%) VIXM(-12%) IGOV(-8%) VXX(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.85% (StdDev 1.7%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.3% |
| |
|
|