NEE Technical Signal Analysis
NEE have 5 buy signals and 0 sell signal now. The current trend is downtrend starting from 2025-03-10. The total price change during this trend is -4.50%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of NEE over last 5 trading day is $1,140,997,219.38
5 Bullish Signal
0 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.57
Bullish
Momentum (10 days)
MOM_10 > 0
3.35
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.78
Bullish
Moving Average
5-day SMA crosses above 250-day SMA
--
Bullish
Moving Average
20-day SMA crosses above 60-day SMA
--
Bullish
Name
Signal
Value
Meaning
5 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.57
Bullish
Momentum (10 days)
MOM_10 > 0
3.35
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.78
Bullish
Moving Average
5-day SMA crosses above 250-day SMA
--
Bullish
Moving Average
20-day SMA crosses above 60-day SMA
--
Bullish
NEE Support and Resistance Level
The support levels for NEE are at 69.72, 68, and 65.23, while the resistance levels are at 75.27, 76.99, and 79.77. With the current stock price at 72.73, it is leaning more toward the resistance levels.
NEE Technical Analysis
Technical Analysis of NEE Stock
Current Price and Volume:
- Price: $72.8
- Volume: 13,469,723
Technical Indicators:
- RSI: 68.23 (RSI_6), 60.42 (RSI_12), 58.86 (RSI_14) - Indicates the stock is in a bullish range without being overbought.
- Stochastic Oscillator: %K (64.22) > %D (61.71) - Suggests a bullish trend.
- MACD: Positive crossover (0.21) with MACD Histogram (0.24) - Indicates bullish momentum.
- Bollinger Bands: Price near the middle band (70.10) - Suggests stability.
- Fibonacci Levels: Pivot at 70.99, resistance at 72.56, 73.53, 75.09 - Current price near first resistance level.
- Moving Averages: 20-day SMA (70.84), 50-day SMA (71.16), 200-day SMA (75.25) - Price slightly below 50 and 200-day SMAs.
Price Action and Volume:
- Close: 72.83
- High: 73.12
- Low: 70.06
- Volume: High, indicating strong buying interest.
Conclusion:
The technical indicators suggest a bullish outlook. The stock is near a Fibonacci pivot with a positive MACD crossover and supportive RSI levels. The high volume indicates strong interest, and the price is consolidating near resistance.
Recommendation: Buy NEE at $72.8 with a target of $73.53 and a stop-loss at $70.06.
NEE FAQs
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NEE Buy or Sell
NEE has 5 buy signals and 0 sell signals now. Overall the technical rating for NEE is Strong buy.
Strong buy
Sell
0
Buy
5
NEE Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 72.73 below the SMA_5. In the short term, the stock shows a positive trend with the 73.73 above the SMA_20. In the mid term, the stock shows a positive trend with the 71.01 above the SMA_60. In the long term, the stock shows a negative trend with the 70.84 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about NEE's current trend?What are NEE's key support and resistance levels?