NEE:NYSENextEra Energy, Inc. Analysis

NextEra Energy, Inc. trades at $86.01, with its moving averages tangled rather than clearly stacked — a neutral trend structure. Momentum indicators put RSI at 43.8 (neutral) with MACD reading bearish. Price has been bracketed by support at $83.49 and resistance at $90.99.
Valuation screens as fair: a P/E of 19.3 sits in line with the sector average of 20.0. The average analyst target implies 14.6% above today's level. Revenue is growing at 12.4% on a 32.4% profit margin. The 2.91% dividend yield looks covered by current payout levels.
Risk comes out at 3 of a possible 10, a low reading. With 30-day volatility of 15.4%, a beta of 0.15 and a maximum drawdown of 14.5%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons line up on hold — conviction 2 out of 10.