NextEra Energy: Still Looking For Direction (Technical Analysis)

Klaus Vedfelt Thesis NextEra Energy, Inc. (NYSE:NEE) caught our attention in our monthly review of dividend stocks. In these reviews, we specifically look for stocks with yields out of their historical ranges. And NEE really stood out as you can see from the chart below. Its current yield sits at 3.23% (shown by the solid red line). It's more than 1 standard deviation (shown by the orange line with symbols) above its historical average (shown by the gray dotted line). When something extraordinary shows up o ...