NextEra Energy's most recent trend suggests a bearish bias. One trading opportunity on NextEra Energy is a Bear Call Spread using a strike $240.00 short call and a strike $260.00 long call offers a potential 18.69% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $240.00 by expiration. The full premium credit of $3.15 would be kept by the premium seller. The risk of $16.85 would be incurred if the stock rose above the $260.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for NextEra Energy is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for NextEra Energy is bearish.
The RSI indicator is at 43.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for NextEra Energy
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Does NextEra Energy, Inc.'s (NYSE:NEE) Recent Track Record Look Strong?
Sat, 09 May 2020 14:59:08 +0000
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more…
NextEra Energy announces new location for 2020 Annual Meeting of Shareholders, schedules live webcast
Fri, 08 May 2020 20:15:00 +0000
NextEra Energy, Inc. (NYSE: NEE) today announced that its 2020 Annual Meeting of Shareholders now will be held on Thursday, May 21, 2020, at 8:00 a.m., Central time, at the company affiliated facilities located at 20455 State Highway 249, Suite 200, Houston, Texas.
Why Units of NextEra Energy Partners Rallied Nearly 25% in April
Fri, 08 May 2020 17:25:00 +0000
Units of NextEra Energy Partners (NYSE: NEP) enjoyed a nice bounce-back in April. After tumbling more than 25% in March amid the coronavirus market swoon, the clean energy company rebounded 24.7% in April, according to data provided by S&P Global Market Intelligence. NextEra Energy Partners' operations proved to be immune to the impact the COVID-19 outbreak had on the broader economy.
Consolidated Edison (ED) Q1 Earnings Miss, Revenues Down Y/Y
Fri, 08 May 2020 14:39:02 +0000
Consolidated Edison's (ED) operating expenses in the first quarter of 2020 decrease 11% year over year, led by a decline in purchase power, gas purchased for resale and fuel expenses.
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