| NEE latest price $90.2400 (3.28%) ($87.6100 - $90.4300) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 48 |
Latest Price | $90.2400(3.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.1% a day on average for past five trading days. |
Weekly Trend | NEE declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(65%) IFRA(56%) SDY(56%) ICLN(53%) IWD(52%) |
Factors Impacting NEE price | NEE will decline at least -0.9% in a week (0% probabilities). UUP(-18%) TBT(-16%) VIXM(-15%) UNG(-5%) VXX(-0%) |
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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.9% |
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