NEE Forecast and Technical Stock Analysis
Buy candidate since 2019-10-09 Loss -0.97% PDF
NextEra Energy, Inc gained 0.51% in the last trading day ( Thursday, 17th Oct 2019 ), rising from $229.91 to $231.09 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.01% from a day low at $229.27 to a day high of $231.59. The price has fallen in 6 of the last 10 days , but is still up by 0.4% over the past 2 weeks. Volume fell in the last day by -0.58 million shares and in total, 1.33 million shares bought and sold for approximately $307.75 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the NEE stock price was $234.27 and low was $218.44.
- 90 day high was $234.27 and low was $205.78.
- 52 week high for NextEra Energy, Inc - $234.27 and low - $164.78.
NextEra Energy, Inc lies in the middle of a narrow and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.75% during the next 3 months and, with 90% probability hold a price between $255.15 and $266.07 at the end of this period.
Only positive signals in the chart today. 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 $230.33 and $226.32. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday October 15, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 50 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
NextEra Energy, Inc finds support from accumulated volume at $225.72.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.32 (1.01%) between high and low. For the last week, the stock has had daily average volatility of 1.38%.
Our recommended stop-loss: $219.37 (-5.07%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)
1.38 %Average volatility
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|NEE $231.09 ($1.18 0.51%)|
NEE is up $1.18 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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