| NEE latest price $70.1100 (1.49%) ($68.6300 - $70.6000) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 82 |
Latest Price | $70.1100(1.49%) |
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 5.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.89% 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 | -0.89% (StdDev 1.78%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.4% |
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