Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
PJM METED PEAK CAL DAY AHEAD Nov 2021 (NYMEX:QA47.X21)
Bull Market Weakness (+75) - QA47.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QA47.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QA47.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA47.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA47.X21
The long-term trend has been UP since May 5th, 2021 at 27.72
The intermediate-term trend has been UP since Apr 14th, 2021 at 26.53
The short-term trend has been UP since Aug 20th, 2021 at 37.63
Smart Scan Analysis for QA47.X21
Based on our trend formula, QA47.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).