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NextEra Energy is a North American renewable energy company. In 2019, the company generated nearly 4 GW of energy through solar power generation, with more than 14,800 employees between Canada and the United States and a turnover of over $ 19 billion.
The long-term weekly chart of NextEra Energy shares shows a long period of growth, evolving at a brisk pace from early 2015 until the outbreak of the coronavirus pandemic in March 2020. At that time, the price declined sharply. 40% in a few weeks.
However, the price returned quickly, and by mid-July 2020 it had returned to historic highs. The upward trend continued until the end of January 2021, when it reached the maximum level around the level of $ 88 per share.
At that time, the sellers entered the market, taking over the profits and generating a decrease of almost 25%. This bearish attack was stopped on March 5 in the 38.2 Fibonacci retracement zone around the psychological threshold of $ 70 per share.
This was followed by other bearish attacks, but not strong enough to break this support, so the price returned to rise.
The evolution of the quotation of NextEra Energy shares in the last years:
2020 - 27.44%
2019 - 39.33%
2018 - 11.27%
2017 - 30.78%
2016 - 14.98%
The long-term weekly chart of NextEra Energy shares shows a long period of growth, evolving at a brisk pace from early 2015 until the outbreak of the coronavirus pandemic in March 2020. At that time, the price declined sharply. 40% in a few weeks.
However, the price returned quickly, and by mid-July 2020 it had returned to historic highs. The upward trend continued until the end of January 2021, when it reached the maximum level around the level of $ 88 per share.
At that time, the sellers entered the market, taking over the profits and generating a decrease of almost 25%. This bearish attack was stopped on March 5 in the 38.2 Fibonacci retracement zone around the psychological threshold of $ 70 per share.
This was followed by other bearish attacks, but not strong enough to break this support, so the price returned to rise.
The evolution of the quotation of NextEra Energy shares in the last years:
2020 - 27.44%
2019 - 39.33%
2018 - 11.27%
2017 - 30.78%
2016 - 14.98%
