| NEE latest price $78.4900 (-1.62%) ($78.2400 - $79.5800) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 76 |
Latest Price | $78.4900(-1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.6% a day on average for past five trading days. |
Weekly Trend | NEE advances 4.8% 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(66%) IFRA(58%) SDY(58%) ICLN(56%) IWD(53%) |
Factors Impacting NEE price | NEE will decline at least -0.855% in a week (0% probabilities). VIXM(-22%) UUP(-19%) TBT(-18%) UNG(-3%) VXX(-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 | -0.855% (StdDev 1.71%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.7% |
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