The bearish DailyPlay we chose for Tuesday June 16th is NextEra Energy, Inc. (NEE). NEE is part of the Utilities Sector (XLU). Over the last three months, XLU has experienced a 3.16% move lower as both the 1-month and 6-month trends remain bearish with a support level at $41.57.
NextEra Energy, Inc. continues its bearish trend as it experienced a 0.12% move lower on Monday. With a technical score of 3 (out of 10) and negative momentum, NEE looks positioned to continue lower towards its $96.33 support level.