| NEE latest price $63.3200 (2.66%) ($61.5300 - $63.5400) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 53 |
Latest Price | $63.3200(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.1% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(61%) XLU(59%) ICLN(49%) IFRA(47%) SPY(47%) |
Factors Impacting NEE price | NEE will decline at least -1.025% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-14%) VXX(-8%) 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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.6% |
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