NextEra Energy's most recent trend suggests a bearish bias. One trading opportunity on NextEra Energy is a Bear Call Spread using a strike $185.00 short call and a strike $195.00 long call offers a potential 8.11% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $185.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $9.25 would be incurred if the stock rose above the $195.00 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 61.11 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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Tue, 20 Nov 2018 15:00:00 +0000
HENDERSON, NV / ACCESSWIRE / November 20, 2018 / Amid all the doom and gloom, there's one indicator that is pointing to a rally in the short term. The National Association of Active Investment Managers …
Do Top Utility Stocks Have Attractive Valuations?
Mon, 19 Nov 2018 16:15:11 +0000
NextEra Energy (NEE), the biggest constituent of the Utilities ETF (XLU), is trading at a forward PE ratio of 22x based on its projected earnings for 2019. NextEra Energy’s five-year historical average PE ratio is close to 20x. NextEra Energy stock seems to be trading at a premium compared to its historical average valuation. The peer average forward PE ratio is lower than NextEra Energy’s forward PE ratio. NextEra Energy appears to be expensive compared to its peers. The stock has rallied more than 15% in 2018—one of the highest rallies among top utilities.
Analysts’ Recommendations on the Top Utility Stocks in 2018
Mon, 19 Nov 2018 14:45:24 +0000
AES (AES), one of the smallest elements of the Utilities ETF (XLU), has rallied 43% in 2018. Analysts expect a potential upside of 1.7% in AES for the next 12 months. Among the ten analysts tracking AES, four recommended a “buy” for the stock, while five recommended a “hold.” One analyst has recommended a “sell” as of November 19.
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