The best indicator for NextEra Energy (NEE)
We backtested 20 indicators across daily, weekly and hourly charts on real NextEra Energy (NEE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for NextEra Energy (NEE) over ~53.5 years — trailing buy-and-hold by 2.6% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | EMA 20/50 Cross ✓ | Weekly | 8.2% | 0.54 | -43.8% | 52.6% | 19 | -2.6% |
| 2 | EMA 50/200 Cross ✓ | Daily | 7.8% | 0.53 | -48.8% | 35.5% | 31 | -3.1% |
| 3 | SMA 50/200 Cross ✓ | Daily | 7.3% | 0.51 | -52.0% | 54.1% | 37 | -3.6% |
| 4 | WaveTrend (8/6/4) ✓ | Daily | 6.5% | 0.5 | -46.0% | 68.2% | 198 | -4.4% |
| 5 | CCI ✓ | Daily | 5.1% | 0.44 | -42.1% | 74.0% | 250 | -5.8% |
| 6 | Money Flow Index ✓ | Daily | 5.7% | 0.44 | -47.8% | 80.6% | 62 | -5.2% |
| 7 | Donchian Breakout ✓ | Weekly | 5.1% | 0.43 | -54.1% | 51.3% | 39 | -5.7% |
| 8 | MACD ✓ | Daily | 5.4% | 0.42 | -52.2% | 44.9% | 539 | -5.5% |
| 9 | Holy Grail Confluence ✓ | Daily | 4.4% | 0.39 | -47.2% | 84.2% | 76 | -6.5% |
| 10 | Donchian Midline ✓ | Daily | 4.9% | 0.39 | -56.2% | 42.0% | 703 | -6.0% |
| 11 | RSI Trend (>50) ✓ | Weekly | 5.0% | 0.39 | -38.2% | 42.3% | 149 | -5.8% |
| 12 | Donchian Midline ✓ | Weekly | 5.0% | 0.39 | -48.0% | 42.1% | 145 | -5.7% |
| 13 | RSI Mean-Reversion ✓ | Daily | 3.7% | 0.38 | -39.8% | 77.5% | 80 | -7.2% |
| 14 | Bollinger Breakout ✓ | Weekly | 3.9% | 0.38 | -37.2% | 48.0% | 50 | -6.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For NextEra Energy (NEE), EMA 20/50 Cross on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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