| NEE latest price $74.5500 (1.72%) ($73.4300 - $74.8500) on Tue. Mar. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 52 |
Latest Price | $74.5500(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.2% a day on average for past five trading days. |
Weekly Trend | NEE advances 0.9% 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) XLU(80%) SPLV(55%) ICLN(43%) XLP(43%) IFRA(42%) |
Factors Impacting NEE price | NEE will decline at least -0.85% in a week (0% probabilities). TBT(-15%) VIXM(-12%) IGOV(-8%) VXX(-5%) SKYY(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.85% (StdDev 1.7%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.6% |
| |
|
|