What is the Market's View on NextEra Energy Inc (NEE) Stock's Price and Volume Trends Friday?

Friday, December 29, 2023 03:20 PM | InvestorsObserver Analysts

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The market has been neutral on NextEra Energy Inc (NEE) stock recently. NEE gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

NextEra Energy Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on NEE!
See Full NEE Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With NEE Stock Today?

NextEra Energy Inc (NEE) stock is trading at $60.59 as of 3:13 PM on Friday, Dec 29, a drop of -$0.46, or -0.75% from the previous closing price of $61.04. The stock has traded between $60.27 and $61.06 so far today. Volume today is low. So far 3,374,360 shares have traded compared to average volume of 11,377,012 shares. To screen for more stocks like NextEra Energy Inc click here.

More About NextEra Energy Inc

NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar. Click Here to get the full Stock Report for NextEra Energy Inc stock.

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