| NEE latest price $87.8400 (1.22%) ($87.0000 - $89.6800) on Wed. Dec. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 63 |
Latest Price | $87.8400(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.1% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(63%) ICLN(55%) IFRA(55%) SDY(54%) XLU(51%) |
Factors Impacting NEE price | NEE will decline at least -0.605% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-16%) VXX(-5%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.605% (StdDev 1.21%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1% |
| |
|
|