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Nextera Energy Bullish Moving Average Crossover Alert (NEE)

By Amy Schwartz

Nextera Energy (NYSE:NEE) shares have crossed bullishly above their 10-day moving average of $230.21 on a volume of 302K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Nextera Energy share prices have been bracketed by a low of $164.78 and a high of $234.27 and are now at $231.00, 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.6%.

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