| NEE latest price $59.3700 (0.1%) ($58.9200 - $60.2000) on Thu. Apr. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 54 |
Latest Price | $59.3700(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.3% a day on average for past five trading days. |
Weekly Trend | NEE advances 1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) XLU(63%) SPLV(62%) ICLN(48%) IFRA(48%) SPY(48%) |
Factors Impacting NEE price | NEE will decline at least -2.24% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TBT(-11%) VXX(-10%) UNG(-2%) |
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 | -2.24% (StdDev 4.48%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.1% |
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