NEXTERA ENERGY INC (NEE) Stock Technical Analysis
USA - NYSE:NEE - US65339F1012 - Common Stock
75.85 USD
+1.2 (+1.61%)
75.8001 USD
-0.05 (-0.07%)
Overall NEE gets a technical rating of 5 out of 10. NEE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, NEE is a bad performer in the overall market: 72% of all stocks are doing better.
NEE is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 76% are performing better than NEE.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NEE has a been trading in the 69.24 - 75.86 range, which is quite wide. It is currently trading near the high of this range.
NEE has an average volume of 9650910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NEE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.15
76.92
We found 5 important support areas.
- Support @75.47 from a trend line in the weekly time frame.
- A support zone ranging from 71.72 to 72.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.42 to 70.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.38 from a horizontal line in the weekly time frame.
- Support @65.81 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @76.16 from a horizontal line in the daily time frame.
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 is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEE is up. |
| ChartMill Relative Strength | 28.88 | NEGATIVE | NEE has a low relative strength, it was outperformed by 71.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.23 | NEUTRAL | The RSI value for NEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests NEE has a positive trend. |
| Stochastics (14,3) | 98.06 | OVERBOUGHT | The high Stochastics value suggests NEE may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for NEE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for NEE suggests a weak or negative trend. |
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)
75.85
+1.2 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.61%
1 Week6.71%
2 Weeks5.88%
1 Month5.22%
3 Month7%
6 Month7.67%
12 Month-10.28%
2 Year32.4%
3 Year-3.26%
5 Year9.31%
10 Year211.02%
15 Year457.82%
Volatility
ATR(14)1.32
ATR(20)%1.81%
ATR Inc-6.15%
Range Today1.23
ADR(20)1.34
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.88
Mansfield-0.62
10 Day High75.86
10 Day Low69.37
20 Day High75.86
20 Day Low69.24
52 Week High86.1
52 Week Low61.72
CS1 End75.47
CR1 Start76.16
Volume & EV
DER(3)2.16%
DER(5)1.31%
Volume8.27M
Volume Incr1.08%
Vol(5)10.02M
Vol(50)9.65M