NextEra Energy Breaks Above Long-Term Trendline, Bullish Outlook Ahead
ByAinvest
Tuesday, Mar 24, 2026 2:12 pm ET1min read
NEE--
NextEra Energy (NEE) declined from $93.73 in December 2021 to $47.15 in October 2023, but recently broke above the long-term descending trendline, signaling a new uptrend. Technical indicators and Point & Figure measurements support the bullish outlook, with an initial upside target of $104. Solid support is near $84-86 and secondary support at the 40-week moving average (currently near $80).
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