| NEE latest price $62.8400 (4.25%) ($60.9100 - $63.0200) on Thu. May. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.63% (three month average) |
RSI | 72 |
Latest Price | $62.8400(4.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.6% a day on average for past five trading days. |
Weekly Trend | NEE advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(61%) XLU(60%) ICLN(48%) SPY(47%) IFRA(46%) |
Factors Impacting NEE price | NEE will decline at least -2.315% in a week (0% probabilities). VIXM(-28%) UUP(-19%) TBT(-13%) VXX(-9%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.315% (StdDev 4.63%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.8% |
| |
|
|