NEXTERA ENERGY INC - NEE 6.219 09/01/23 (NEE-Q) Technical Analysis
NYSE:NEE-Q • US65339F7399
Current stock price
NEE-Q Technical Rating and Analysis
Taking everything into account, NEE-Q scores 0 out of 10 in our technical rating. NEE-Q scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 68% of all other stocks performed better in the past year than NEE-Q.
- NEE-Q is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NEE-Q has a been trading in the 45.58 - 49.90 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Volume is considerably higher in the last couple of days.
NEE-Q Weekly and Daily overview Charts
NEE-Q Setup Rating and Analysis
NEE-Q has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 45.60, a Stop Loss order could be placed below this zone.
More info and screens
NEE-Q Support and Resistance Analysis
44.72
When analyzing the support we notice one important area.
- A support zone ranging from 45.17 to 45.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.77 to 46.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.69 to 50.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NEE-Q Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NEE-Q is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEE-Q is down. |
| ChartMill Relative Strength | 32.57 | NEUTRAL | NEE-Q is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEE-Q is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEE-Q is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEE-Q is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.03 | NEUTRAL | The RSI value for NEE-Q is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NEE-Q has a negative trend. |
| Stochastics (14,3) | 7.5 | OVERSOLD | The low Stochastics value suggests NEE-Q may be oversold. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for NEE-Q suggests low volalility. |
| Average Directional Index/ADX (14) | 33.05 | POSITIVE | The high ADX value value for NEE-Q suggests a strong trend. |
NEE-Q Chart- and CandleStick Pattern Analysis
NEE-Q Technicals: Chart, Performance Metrics, Trend & Indicators
NEXTERA ENERGY INC - NEE 6.219 09/01/23
NYSE:NEE-Q (8/31/2023, 8:09:23 PM)
After market: 45.66 +0.05 (+0.11%)45.61
+0.03 (+0.07%)
NEXTERA ENERGY INC - NEE 6.219 09/01/23 / NEE-Q TA FAQ
Can you provide the ChartMill technical rating for NEXTERA ENERGY INC - NEE 6.219 09/01/23?
ChartMill assigns a technical rating of 0 / 10 to NEE-Q.
Can you provide the trend direction for NEXTERA ENERGY INC - NEE 6.219 09/01/23?
The current trend direction for NEXTERA ENERGY INC - NEE 6.219 09/01/23 (NEE-Q) is Bearish.
What is the RSI signal for NEXTERA ENERGY INC - NEE 6.219 09/01/23 (NEE-Q) stock?
NEXTERA ENERGY INC - NEE 6.219 09/01/23 (NEE-Q) has an RSI value of 36.0312. This indicates that the stock is currently neutral.
What is the support and resistance level for NEE-Q stock?
NEXTERA ENERGY INC - NEE 6.219 09/01/23 (NEE-Q) has a support level at 45.6 and a resistance level at 45.77. Check the full technical report for our detailed analysis of NEE-Q support and resistance levels.