$NEE, $SO, $PCG, $DUC, $AEP, and other companies have experienced a 10-20% decline over the past week.
Electric Utilities companies have seen a 10-20% decrease in stock value over the past week. You can receive signals for these stocks and more by subscribing to our trading robots at Swing-Trader-700-per-position-Hedge-Fund-Style-Trading-TA-FA.
Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), NRG Energy (NYSE:NRG).
Industry description
Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters, and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc., and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.
Market Cap
The average market capitalization across the Electric Utilities Industry is $16.3B. The market cap for tickers in the group ranges from $500 to $115.9B. NEE holds the highest valuation in this group at $115.9B. The lowest valued company is SLTZ at $500.
High and low price notable news
The average weekly price growth across all stocks in the Electric Utilities Industry was -3.85%. For the same Industry, the average monthly price growth was -5.79%, and the average quarterly price growth was -7.36%. HAWEL experienced the highest price growth at 15.79%, while NEE experienced the biggest fall at -22.71%.
9/5/23 7:02 AM: Nextera Energy (NEE, $69.17) was a top loser this week, declining -5.05%
9/4/23 7:48 AM: Southern Company (The) (SO, $68.62) was a top loser this week, declining -5.82%
7/6/23 7:25 AM: American Electric Power (AEP, $85.8) was a top weekly gainer, with a +5.12% jump
Volume
The average weekly volume growth across all stocks in the Electric Utilities Industry was 43.96%. For the same stocks of the Industry, the average monthly volume growth was 50.9%, and the average quarterly volume growth was 22.27%.
9/16/23 7:44 AM: The volume for PG&E stock increased for one day, resulting in a record-breaking daily growth of 601% of the 65-Day Volume Moving Average
9/16/23 7:44 AM: The volume for Duke Energy stock increased for one day, resulting in a record-breaking daily growth of 217% of the 65-Day Volume Moving Average
2/4/23 8:43 AM: The volume for Nextera Energy stock increased for a consecutive 5 days, with an average daily gain of 119%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows:
Valuation Rating: 40
P/E Growth Rating: 73
Price Growth Rating: 63
SMR Rating: 79
Profit Risk Rating: 75
Seasonality Score: -15 (-100 ... +100)
NEE in -12.64% downward trend, declining for three consecutive days on September 28, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NEE declined for three days, in 117 of 247 cases, the price declined further within the following month. The odds of a continued downward trend are 47%.
Stock Forecast, Price, News, Quote
Current price $52.17 is below $73.80 the lowest support line found by A.I. Throughout the month of 08/29/23 - 09/29/23, the price experienced a -15% Downtrend. During the week of 09/22/23 - 09/29/23, the stock fell -15%.
SO in downward trend: 10-day moving average crossed below 50-day moving average on September 29, 2023
The 10-day Moving Average for SO crossed bearishly below the 50-day moving average on September 29, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 44%.
Stock Forecast, Price, News, Quote
Current price $62.73 crossed the support line at $63.42 and is trading between $63.42 support and $61.69 support lines. Throughout the month of 08/29/23 - 09/29/23, the price experienced a -6% Downtrend. During the week of 09/22/23 - 09/29/23, the stock fell -7%.
DUK in downward trend: price dove below 50-day moving average on September 26, 2023
DUK moved below its 50-day Moving Average on September 26, 2023, and that indicates a change from an upward trend to a downward trend. In 33 of 59 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 56%.
Stock Forecast, Price, News, Quote
Throughout the month of 08/29/23 - 09/29/23, the price experienced a -2% Downtrend. During the week of 09/22/23 - 09/29/23, the stock fell -5%.
PCG in downward trend: 10-day moving average broke below 50-day moving average on September 27, 2023
The 10-day Moving Average for PCG crossed bearishly below the 50-day moving average on September 27, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 83%.
Stock Forecast, Price, News, Quote
Current price $15.21 crossed the support line at $16.79 and is trading between $16.79 support and $14.55 resistance lines. Throughout the month of 08/29/23 - 09/29/23, the price experienced a -3% Downtrend. During the week of 09/22/23 - 09/29/23, the stock fell -6%.
NEE in -3.46% downward trend, falling for three consecutive days on December 19, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NEE declined for three days, in of 261 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 04, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NEE as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NEE turned negative on December 09, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NEE's RSI Oscillator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where NEE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NEE advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
NEE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 333 cases where NEE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. NEE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.740) is normal, around the industry mean (1.714). P/E Ratio (17.606) is within average values for comparable stocks, (23.466). Projected Growth (PEG Ratio) (2.625) is also within normal values, averaging (2.620). Dividend Yield (0.030) settles around the average of (0.074) among similar stocks. P/S Ratio (4.579) is also within normal values, averaging (3.109).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an investment holding company with interests in generating and distributing electricity
Industry ElectricUtilities