NEXTERA ENERGY INC. - Weekly - Technical analysis published on 09/19/2019 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 195.00 USD
My targets
227.38 USD (+1.56%)
235.69 USD (+5.26%)
My analysis
NEXTERA ENERGY INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 195.00 USD. The next resistance located at 227.38 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 235.69 USD. After this resistance, buyers could then target 247.06 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.8
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This analysis was given by emerick. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEXTERA ENERGY INC. price is 223.90 USD. The price registered an increase of +1.43% over 5 days with the lowest point at 217.26 USD and the highest point at 224.19 USD. The deviation from the price is +3.06% for the low point and -0.13% for the high point.221.37
224.19
223.90
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of NEXTERA ENERGY INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 145.48 | 164.31 | 195.00 | 223.90 |
| Change (%) | -35.02% | -26.61% | -12.91% | - |
| Change | -78.42 | -59.59 | -28.90 | - |
| Level | Intermediate | Intermediate | Intermediate | - |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 215.77 | 217.11 | 219.66 | 221.00 | 223.55 | 224.89 | 227.44 |
| Camarilla | 221.15 | 221.51 | 221.86 | 222.22 | 222.58 | 222.93 | 223.29 |
| Woodie | 216.39 | 217.41 | 220.28 | 221.30 | 224.17 | 225.19 | 228.06 |
| Fibonacci | 217.11 | 218.59 | 219.51 | 221.00 | 222.48 | 223.40 | 224.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 209.94 | 213.16 | 215.82 | 219.04 | 221.70 | 224.92 | 227.58 |
| Camarilla | 216.87 | 217.41 | 217.95 | 218.49 | 219.03 | 219.57 | 220.11 |
| Woodie | 209.67 | 213.02 | 215.55 | 218.90 | 221.43 | 224.78 | 227.31 |
| Fibonacci | 213.16 | 215.40 | 216.79 | 219.04 | 221.28 | 222.67 | 224.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 188.02 | 196.33 | 207.70 | 216.01 | 227.38 | 235.69 | 247.06 |
| Camarilla | 213.67 | 215.47 | 217.28 | 219.08 | 220.88 | 222.69 | 224.49 |
| Woodie | 189.56 | 197.10 | 209.24 | 216.78 | 228.92 | 236.46 | 248.60 |
| Fibonacci | 196.33 | 203.85 | 208.49 | 216.01 | 223.53 | 228.17 | 235.69 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 75.97 | |
| MACD (12,26,9): | 9.0500 | |
| Directional Movement: | 18.32 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 221.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 214.83 | |
| Elder Ray (13): | 6.69 | |
| Super Trend (3,10): | 200.51 | |
| Zig ZAG (10): | 223.90 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 81.58 | |
| TEMA (21): | 223.26 | |
| Williams %R (14): | -7.92 | |
| Chande Momentum Oscillator (20): | 20.18 | |
| Repulse (5,40,3): | 3.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6400 | |
| Courbe Coppock: | 18.18 |
| MA7: | 220.26 | |
| MA20: | 220.95 | |
| MA50: | 214.74 | |
| MA100: | 206.90 | |
| MAexp7: | 218.36 | |
| MAexp20: | 209.34 | |
| MAexp50: | 193.90 | |
| MAexp100: | 176.32 | |
| Price / MA7: | +1.65% | |
| Price / MA20: | +1.34% | |
| Price / MA50: | +4.27% | |
| Price / MA100: | +8.22% | |
| Price / MAexp7: | +2.54% | |
| Price / MAexp20: | +6.96% | |
| Price / MAexp50: | +15.47% | |
| Price / MAexp100: | +26.99% |
News
The latest news and videos published on NEXTERA ENERGY INC. at the time of the analysis were as follows:
- NextEra Energy Capital Holdings, Inc. announces redemption of all outstanding Series G Junior Subordinated Debentures due March 1, 2072, and Series H Junior Subordinated Debentures due June 15, 2072
- NextEra Energy and NextEra Energy Partners executives to present at the 2017 Wolfe Research Power & Gas Leaders Conference
- NextEra Energy Partners, LP announces the pricing of $550 million of 4.25 percent senior notes due 2024 and $550 million of 4.50 percent senior unsecured notes due 2027
- NextEra Energy Partners, LP announces the offering of $1.1 billion in aggregate principal amount of senior unsecured notes
- NextEra Energy Foundation donates $1 million to Florida Disaster Fund for Hurricane Irma relief and will match donations by employees of Florida Power & Light and other NextEra Energy companies
This member declared not having a position on this financial instrument or a related financial instrument.
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