| NEE latest price $53.5400 (3.8%) ($51.7000 - $53.5700) on Wed. Oct. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 25 |
Latest Price | $53.5400(3.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.2% a day on average for past five trading days. |
Weekly Trend | NEE declines -11.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) XLU(89%) IVE(86%) EMHY(68%) PCY(64%) IFRA(63%) |
Factors Impacting NEE price | NEE will decline at least -1.055% in a week (0% probabilities). TBT(-28%) VUG(-15%) IWF(-14%) XLC(-10%) VIXM(-6%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3% |
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