| NEE latest price $55.1200 (6.99%) ($53.1100 - $55.4300) on Tue. Oct. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 64 |
Latest Price | $55.1200(6.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 0.4% a day on average for past five trading days. |
Weekly Trend | NEE advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(82%) SKYY(-4%) SLV(-61%) TAN(42%) TBT(-37%) |
Factors Impacting NEE price | NEE will decline at least -1.135% in a week (0% probabilities). IYT(-23%) OIH(-45%) IWF(-14%) DRIV(25%) EWJ(8%) |
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 | -1.135% (StdDev 2.27%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.7% |
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