| NEE latest price $61.5700 (3.71%) ($59.6900 - $61.7800) on Fri. Apr. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 56 |
Latest Price | $61.5700(3.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.1% a day on average for past five trading days. |
Weekly Trend | NEE advances 1.7% 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(63%) SPLV(62%) ICLN(49%) IFRA(48%) SPY(48%) |
Factors Impacting NEE price | NEE will decline at least -2.25% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TBT(-11%) VXX(-10%) UNG(-1%) |
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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 2.9 () |
Intraday Trend | 1.6% |
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