Should You Buy NextEra Energy Inc (NEE) Stock on Friday?

The market has been high on NextEra Energy Inc (NEE) stock recently. NEE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

NextEra Energy Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NEE!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With NEE Stock Today?

NextEra Energy Inc (NEE) stock is trading at $87.87 as of 10:19 AM on Friday, Aug 5, a drop of -$0.12, or -0.14% from the previous closing price of $87.99. Volume today is less active than usual. So far 1,189,636 shares have traded compared to average volume of 7,750,674 shares. The stock has traded between $87.55 and $88.49 so far today. To see InvestorsObserver's Sentiment Score for NextEra Energy Inc click here.

More About NextEra Energy Inc

NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets. Click Here to get the full Stock Report for NextEra Energy Inc stock.