| NEE latest price $71.9400 (1.75%) ($70.6200 - $72.3500) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 70 |
Latest Price | $71.9400(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.5% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(61%) XLU(58%) ICLN(49%) IFRA(47%) SPY(47%) |
Factors Impacting NEE price | NEE will decline at least -0.82% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-14%) VXX(-8%) IGOV(-5%) |
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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.7% |
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