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Shares of Nextera Energy Has Risen Above Previous 52-Week High

By Amy Schwartz

Shares of Nextera Energy (NYSE:NEE) traded at a new 52-week high today of $151.30. Approximately 111,000 shares have changed hands today, as compared to an average 30-day volume of 1.7 million shares.

Nextera Energy (NYSE:NEE) is currently priced 1.0% above its average consensus analyst price target of $149.14. Nextera Energy shares have support at the 50-day moving average (MA) of $116.41 and additional support at the 200-day MA of $106.65.

Nextera Energy share prices have moved between a 52-week high of $151.30 and a 52-week low of $110.49 and are now trading 36% above that low price at $150.59 per share. 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%.

NextEra Energy, Inc. provides sustainable energy generation and distribution services. The Company generates electricity through wind, solar, and natural gas. Through its subsidiaries, NextEra Energy also operates multiple commercial nuclear power units.

SmarTrend recommended that subscribers consider buying shares of Nextera Energy on December 30th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $119.93. Since that recommendation, shares of Nextera Energy have risen 25.5%. We continue to monitor NEE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows nextera energy

Ticker(s): NEE