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NextEra Energy Bearish Moving Average Crossover Alert (NEE)

By David Diaz

NextEra Energy (NYSE:NEE) crossed under its 10-day moving average of $126.00 on a volume of 623K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, NextEra Energy share prices have been bracketed by a low of $93.74 and a high of $131.98 and are now at $124.79, 33% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.3%.

SmarTrend is tracking the current trend status for NextEra Energy and will alert subscribers who have NEE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses nextera energy

Ticker(s): NEE