| NEE latest price $74.4400 (0.2%) ($73.9900 - $75.2500) on Fri. May. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 39 |
Latest Price | $74.4400(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.4% a day on average for past five trading days. |
Weekly Trend | NEE declines -1.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(63%) XLU(54%) SDY(53%) IFRA(52%) ICLN(51%) |
Factors Impacting NEE price | NEE will decline at least -0.805% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-17%) VXX(-6%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.2% |
| |
|
|