NEXTERA ENERGY INC (NEE) Stock Technical Analysis
NYSE:NEE - US65339F1012 - Common Stock
70.9 USD
+0.03 (+0.04%)
70.8673 USD
-0.03 (-0.05%)
Taking everything into account, NEE scores 1 out of 10 in our technical rating. NEE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, NEE is a bad performer in the overall market: 82% of all stocks are doing better.
NEE is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 86% are performing better than NEE.
In the last month NEE has a been trading in the 70.16 - 77.42 range, which is quite wide. It is currently trading near the lows of this range.
NEE has an average volume of 10221400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
The technical rating of NEE is bad and it also does not present a quality setup 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
65.15
79.46
2 important support areas can be observed.
- A support zone ranging from 69.42 to 69.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.81 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @71.45 from a trend line in the daily time frame.
- A resistance zone ranging from 72.65 to 73.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 76.16 to 78.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for NEE is down. |
| ChartMill Relative Strength | 18.66 | NEGATIVE | NEE has a low relative strength, it was outperformed by 81.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NEE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.32 | NEUTRAL | The RSI value for NEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests NEE has a negative trend. |
| Stochastics (14,3) | 8.19 | OVERSOLD | The low Stochastics value suggests NEE may be oversold. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for NEE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | 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)
70.9
+0.03 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.04%
1 Week-1.65%
2 Weeks-6.81%
1 Month-2.31%
3 Month-1.75%
6 Month-2.65%
12 Month-11.35%
2 Year23.76%
3 Year-9.58%
5 Year2.18%
10 Year190.72%
15 Year421.42%
Volatility
ATR(14)1.53
ATR(20)%2.32%
ATR Inc12.52%
Range Today1.48
ADR(20)1.62
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.66
Mansfield-1.19
10 Day High77.09
10 Day Low70.16
20 Day High77.42
20 Day Low70.16
52 Week High86.1
52 Week Low61.72
CS1 End69.77
CR1 Start71.45
Volume & EV
DER(3)1.2%
DER(5)0.75%
Volume10.07M
Volume Incr13.52%
Vol(5)10.47M
Vol(50)10.22M