NextEra stock: buy or sell

NEE stock price: $77.85 -0.01% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

2

NextEra stock brief

  • NextEra stock merely changed -0.01% to close at $77.85 on the stock market on Wednesday.
  • Last Friday, NextEra posted its Q2 earnings report
  • NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America.

Should I buy NextEra stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $NEE stock a buy?

Currently, NextEra stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $NEE in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell NextEra stock?

Do you know when is it time to sell NextEra stock?. Similarly to when we have to buy shares, determining when is the best time to sell is not a whimsy decision, and we must use our own trading style. We like very simple setups to guide us on when is the best moment to sell our shares. Be aware that these setups are not intended for shorting NextEra stock

As a rule of thumb, you must never hold an operation that shows a losses greater than those expected at the time of the buy. The timing to sell your stock must always be dictated by the stop-loss (automatic or manual)

Is it time to sell NextEra stock?

Currently, NextEra stock doesn't match any of our preferred sell setups, so if you hold NextEra shares and your operation is in profit probably is not time to sell now

NextEra ratings

In the last 30 days we couldn't find any rating for NextEra

NextEra stock analysis

SMAs overview

NEE stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $80.98 (4.02% above)
  • R2: $82.08 (5.43% above)
  • R3: $86.77 (11.46% above)
  • The current support levels are:

  • S1: $75.85 (-2.57% below)
  • S2: $74.85 (-3.85% below)
  • S3: $73.70 (-5.33% below)
  • Bollinger bands

    Since the price surpassed the upper band on July 16, the price sliced by 0.64%. The price is moving near to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks

    NEE stock Bollinger Bands chart

    Relative strength index

    The has been between the overbought and oversold zones for many weeks, and therefore, without this indicator really helping us to make any decisions.

    NEE stock RSI chart

    NextEra stock price history

    NextEra went public on Feb 21st, 1973 at $0.00 per share1. Since then, NEE stock has risen by -, with an average of 0.00% per year. An investment of $1,000USD on the IPO would be valued $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    NEE stock price history chart

    Price target for NextEra stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, brokerage institutions publish their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental information by the company, and many times. Again, these forecasts are not direct recommendations for small traders and must not be trusted blindly.

    We don't have any target price posted in the previous 30 days for NextEra.

    Earnings and financials

    NextEra Energy, Inc. ($NEE) released earnings of $0.71 per share last Friday, slightly uplifting the analysts consensus estimate of $0.68 per share. This Q2 report represents an earnings surprise of 4.41%. Company's turnover was $3.9 billion compared to $5.0 billion predicted by market consensus.

    Same quarter last year, reported EPS was $0.65, so recently posted EPS is a gain of 9.23%. Sales slided a -6.59% on an annualized basis in the , from $42.0B to $39.3B last quarter.

    NextEra ($NEE) is posting earnings report next October. Estimated for this quarter is $0.71, compared to $0.71 that was reported for Q2.

    NextEra performance

    NEE performance compared
    Company1m3m6m
    NextEra ($NEE) 4.10% 1.50% -2.50%

    Disclaimer:
    The thoughts given in this post are personal and not recommendations for you to buy or sell stocks. The author of this text does not know the individual conditions of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are provided for informational reasons only

    NextEra summary

    Wednesday, July 28th, 2021
    Open$77.89
    Close$77.85
    Day range$77.22 - $78.33
    Previous close$77.86
    Session gain-0.01%
    Average true range$1.55
    50d mov avg$74.23
    100d mov avg$74.73
    200d mov avg$75.48
    Earnings dateOctober 19th, 2021

    Frequently asked questions

    What is NextEra stock symbol?

    NextEra Energy, Inc. is a public company trading in the US stock market with the NEE symbol

    Is NextEra stock a buy or sell?

    NextEra had no ratings in the last four weeks Read the article to get additional tips on trading NEE stock.

    Will NEE go up?

    There were no forecasts posted by market analysts in the last month for NextEra.