| NEE latest price $74.1700 (1.08%) ($73.2800 - $74.5000) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 40 |
Latest Price | $74.1700(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.2% a day on average for past five trading days. |
Weekly Trend | NEE declines -0.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) XLU(82%) SPLV(53%) IFRA(45%) ICLN(41%) VYM(39%) |
Factors Impacting NEE price | NEE will decline at least -0.585% in a week (0% probabilities). TBT(-23%) VIXM(-13%) VXX(-9%) XLC(-5%) UUP(-4%) |
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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.7% |
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