| NEE latest price $63.8900 (1.67%) ($62.3800 - $64.1300) on Fri. May. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 71 |
Latest Price | $63.8900(1.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 2.2% a day on average for past five trading days. |
Weekly Trend | NEE advances 3.2% 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) SPLV(61%) XLU(60%) ICLN(48%) SPY(47%) IFRA(46%) |
Factors Impacting NEE price | NEE will decline at least -2.3% in a week (0% probabilities). VIXM(-28%) UUP(-19%) TBT(-13%) VXX(-9%) IGOV(-4%) |
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 | -2.3% (StdDev 4.6%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.2% |
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