| NEE latest price $74.1000 (2.77%) ($71.6450 - $74.1300) on Thu. Jul. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 56 |
Latest Price | $74.1000(2.77%) |
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 -0.7% 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(83%) SPLV(53%) IFRA(49%) ICLN(43%) SDY(42%) |
Factors Impacting NEE price | NEE will decline at least -0.635% in a week (0% probabilities). TBT(-25%) VIXM(-13%) VXX(-7%) XLC(-6%) UUP(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.8% |
| |
|
|