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Shares of NEE Down 74.8% Since Downtrend Call on Shares

Nov 21, 2020 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Nextera Energy (NYSE:NEE) on October 26th, 2020 at $300.27. In approximately 4 weeks, Nextera Energy has returned 74.84% as of today's recent price of $75.55.

In the past 52 weeks, shares of Nextera Energy have traded between a low of $72.50 and a high of $1232.24 and are now at $75.89, which is 5% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 9.9% while the 200-day MA has slid 2%.

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 will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Nextera Energy.

Log in and add Nextera Energy (NEE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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