Tuesday May 21, 2019 Change -0.23% Price $198.90
Chart period: 2019-02-22 - 2019-05-21
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will NEE stock price go up or down on Wed, 22 May 2019?

Predict

NextEra Energy, Inc Forecast and Stock Analysis

Technical NEE stock analysis for Tuesday May 21, 2019.

Buy candidate since 2019-05-21
Shorts 2.39% ( 2019-04-15 )
Insider % n/a
Institutional % n/a
Beta 0.14
ROA 2.96%
Price to book USD 2.78
P/E Ratio 32.50
Next Earnings Date 2019-08-01


NextEra Energy, Inc fell by -0.23% in the last day ( Tuesday, 21st May 2019 ) from $199.35 to $198.90 During day the stock fluctuated 1.11% from a day low at $198.79 to a day high of $200.99. The price has risen in 6 of the last 10 days and is up by 4.82% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -0.01 million shares and in total 1.32 million shares bought and sold for approximately $263.05 million.

Quick summary:

  • 30 day high of the NEE stock price was $200.99 and low was $187.30.
  • 90 day high was $200.99 and low was $184.04.
  • 52 week high for the NextEra Energy, Inc - $200.99 and low - $155.06.

Trend

NextEra Energy, Inc lies in the upper part of a weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $199.45 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 3.08% during the next 3 months and, with 90% probability hold a price between $194.57 and $205.59 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

NextEra Energy, Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $197.00 and $191.68. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday May 20, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

The stock had a Golden Star Signal* on Thursday April 25, 2019 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 65 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

NextEra Energy, Inc finds support from accumulated volume at $191.24.

Support: $191.24 Price: $198.90 Resistance: $198.98

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $2.20 (1.11%) between high and low. For the last week, the stock has had a daily average volatility of 1.38%.

Our recommended stoploss: $190.95 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 days ago.)

1.38 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate Upgraded
Weaker Buy Today NEE ranks #938 as BUY CANDIDATE #938 Stronger Buy
NEE $198.90 ($-0.45 -0.23%)
NEE is down $0.45 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for NEE based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the NEE analysis is free »

Will NEE stock price go up or down
on Wed, 22 May 2019?

Predict

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