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Analyzing NextEra Energy Inc (NEE) After Recent Trading Activity

In a filing, NextEra Energy Inc revealed its EVP, Human Res & Corp Svcs Daggs Nicole J unloaded Company’s shares for reported $0.3 million on Nov 12 ’24. In the deal valued at $75.57 per share,4,007 shares were sold. As a result of this transaction, Daggs Nicole J now holds 15,792 shares worth roughly $1.06 million.

Then, Daggs Nicole J bought 4,007 shares, generating $302,809 in total proceeds.

Before that, Sieving Charles E sold 37,588 shares. NextEra Energy Inc shares valued at $3,194,980 were divested by the EVP, Chief Legal at a price of $85.00 per share. As a result of the transaction, Sieving Charles E now holds 197,692 shares, worth roughly $13.24 million.

Jefferies initiated its NextEra Energy Inc [NEE] rating to a Hold in a research note published on September 19, 2024; the price target was $87. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid June from “a Buy” to “a Neutral”. Barclays began covering NEE with “an Equal weight” recommendation on April 10, 2024. Citigroup started covering the stock on December 08, 2023. It rated NEE as “a Buy”.

Price Performance Review of NEE

On Monday, NextEra Energy Inc [NYSE:NEE] saw its stock fall -0.62% to $66.96. Over the last five days, the stock has lost -6.99%. NextEra Energy Inc shares have fallen nearly -6.60% since the year began. Nevertheless, the stocks have risen 7.51% over the past one year. While a 52-week high of $86.10 was reached on 01/03/25, a 52-week low of $53.95 was recorded on 01/13/25. SMA at 50 days reached $74.41, while 200 days put it at $75.27.

Levels Of Support And Resistance For NEE Stock

The 24-hour chart illustrates a support level at 66.11, which if violated will result in even more drops to 65.27. On the upside, there is a resistance level at 67.58. A further resistance level may holdings at 68.21. The Relative Strength Index (RSI) on the 14-day chart is 24.55, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.76%. Stochastics %K at 19.29% indicates the stock is a buying.

How much short interest is there in NextEra Energy Inc?

A steep rise in short interest was recorded in NextEra Energy Inc stocks on 2024-12-31, growing by 1.28 million shares to a total of 34.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 33.33 million shares. There was a rise of 3.7%, which implies that there is a positive sentiment for the stock.

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