| NEE latest price $64.9000 (3.02%) ($62.9400 - $65.3200) on Fri. Jul. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 68 |
Latest Price | $64.9000(3.02%) |
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 2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value 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 -0.99% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.9% |
| |
|
|