| NEE latest price $67.7300 (0.3%) ($67.1050 - $68.0300) on Tue. Sep. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 51 |
Latest Price | $67.7300(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.5% a day on average for past five trading days. |
Weekly Trend | NEE declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) XLU(85%) EMHY(59%) SPLV(52%) GDX(50%) ICLN(50%) |
Factors Impacting NEE price | NEE will decline at least -0.54% in a week (0% probabilities). TBT(-25%) VIXM(-10%) UUP(-9%) XLK(-5%) XLC(-3%) |
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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.3% |
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