NEXTERA ENERGY INC (NEE) Stock Technical Analysis
NYSE:NEE - New York Stock Exchange, Inc. - US65339F1012 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to NEE. NEE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
NEE has an average volume of 10722400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NEE did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NEE is part of the Electric Utilities industry. There are 46 other stocks in this industry, NEE did better than 55% of them.
NEE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEE is lagging the market.
In the last month NEE has a been trading in the 67.53 - 74.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NEE has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
66.29
74.57
We found 2 important support areas.
- A support zone ranging from 68.94 to 71.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.96 to 67.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 71.96 to 73.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.62
Mansfield-0.93
10 Day High71.97
10 Day Low67.53
20 Day High74.05
20 Day Low67.53
52 Week High86.1
52 Week Low53.95
Performance
1 Week4.34%
2 Weeks3.33%
1 Month3.39%
3 Month-5.82%
6 Month-10.14%
12 Month26.07%
2 Year0.77%
3 Year-8.55%
5 Year13.28%
10 Year176.75%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.21
RSI(14)55.83
LBB67.51
UBB71.48
71.58
+1.44 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.05%
1 Week4.34%
2 Weeks3.33%
1 Month3.39%
3 Month-5.82%
6 Month-10.14%
12 Month26.07%
2 Year0.77%
3 Year-8.55%
5 Year13.28%
10 Year176.75%
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%2.52%
ATR Inc37.13%
Range Today1.96
ADR(20)1.74
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.62
Mansfield-0.93
10 Day High71.97
10 Day Low67.53
20 Day High74.05
20 Day Low67.53
52 Week High86.1
52 Week Low53.95
CS1 End71.48
CR1 Start71.96
Volume & EV
DER(3)-0.5%
DER(5)0.16%
Volume16.74M
Volume Incr2.96%
Vol(5)12.24M
Vol(50)10.72M