| NEE latest price $54.4900 (2.81%) ($53.4500 - $55.2500) on Fri. Oct. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 26 |
Latest Price | $54.4900(2.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.7% a day on average for past five trading days. |
Weekly Trend | NEE declines -7.4% 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%) MCHI(62%) XLF(50%) TAN(49%) UUP(49%) |
Factors Impacting NEE price | NEE will decline at least -1.065% in a week (0% probabilities). SHY(-67%) QQQ(-49%) XLK(-38%) BWX(-33%) VCIT(-17%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.3% |
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