| NEE latest price $73.7500 (-0.87%) ($73.0200 - $74.4900) on Tue. Mar. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 41 |
Latest Price | $73.7500(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.8% a day on average for past five trading days. |
Weekly Trend | NEE declines -1.8% 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(56%) XLP(45%) IFRA(42%) SDY(42%) |
Factors Impacting NEE price | NEE will decline at least -0.86% in a week (0% probabilities). TBT(-16%) VIXM(-13%) IGOV(-8%) VXX(-5%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.86% (StdDev 1.72%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.5% |
| |
|
|