NEXTERA ENERGY INC (NEE)

US65339F1012 - Common Stock

66.56  +0.36 (+0.54%)

After market: 66.6 +0.04 (+0.06%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to NEE. Although NEE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month NEE has a been trading in the 61.31 - 67.17 range, which is quite wide. It is currently trading near the high of this range.
NEE has an average volume of 12722200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, NEE outperforms 44% of them, which is more or less in line with the market.
NEE is an average performer in the Electric Utilities industry, it outperforms 52% of 45 stocks in the same industry.
NEE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEE is lagging the market slightly.
Weekly and Daily overview Charts
NEE Weekly chart
NEE Daily chart
Setup Rating and Analysis

3

Although NEE has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

53.96

67.24

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 63.05 to 64.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 61.70 to 61.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 57.00 to 57.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @54.50 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 66.57 to 66.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.97
Mansfield-0.63
10 Day High67.17
10 Day Low61.31
20 Day High67.17
20 Day Low61.31
52 Week High78.53
52 Week Low47.15
Performance
1 Week4.34%
2 Weeks3.98%
1 Month8.35%
3 Month13.82%
6 Month18.35%
12 Month-13.14%
2 Year-6.28%
3 Year-14.13%
5 Year36.93%
10 Year166.64%
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)0.09
RSI(14)68.08
LBB61.76
UBB66.82
NEE Daily chart

NEXTERA ENERGY INC

NYSE:NEE (4/24/2024, 5:40:00 PM)

After market: 66.6 +0.04 (+0.06%)

66.56

+0.36 (+0.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.54%
1 Week4.34%
2 Weeks3.98%
1 Month8.35%
3 Month13.82%
6 Month18.35%
12 Month-13.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.6
ATR(20)%2.3%
ATR Inc
Range Today1.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High67.17
10 Day Low61.31
20 Day High67.17
20 Day Low61.31
52 Week High78.53
52 Week Low47.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.15M
Volume Incr9.45%
Vol(5)12.94M
Vol(50)12.72M