| NEE latest price $53.0000 (-1.01%) ($52.2300 - $53.9700) on Thu. Oct. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 22 |
Latest Price | $53.0000(-1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.4% a day on average for past five trading days. |
Weekly Trend | NEE declines -9.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) XLU(83%) FXI(62%) MCHI(58%) KWEB(51%) REMX(49%) |
Factors Impacting NEE price | NEE will decline at least -1.05% in a week (0% probabilities). DRIV(-15%) VCSH(-61%) HYG(-19%) VCIT(-16%) SHY(-64%) |
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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.1% |
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