| NEE latest price $73.7100 (0.33%) ($73.3800 - $73.9300) on Thu. Jul. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 42 |
Latest Price | $73.7100(0.33%) |
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 -1.1% 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(84%) SPLV(53%) IFRA(49%) ICLN(43%) SDY(42%) |
Factors Impacting NEE price | NEE will decline at least -0.61% in a week (0% probabilities). TBT(-26%) VIXM(-13%) VXX(-7%) XLC(-4%) XLK(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.61% (StdDev 1.22%) |
Hourly BBV | 1 () |
Intraday Trend | 0.3% |
| |
|
|