| NEE latest price $74.5800 (1.75%) ($73.0200 - $74.9700) on Thu. Jun. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 61 |
Latest Price | $74.5800(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.3% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(63%) XLU(54%) IFRA(52%) SDY(52%) ICLN(51%) |
Factors Impacting NEE price | NEE will decline at least -0.61% in a week (0% probabilities). VIXM(-26%) UUP(-18%) TBT(-16%) VXX(-6%) 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 | -0.61% (StdDev 1.22%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.1% |
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