Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
PJM PENELEC PEAK CAL DAY AHEAD OCTOBER 2022 (NYMEX:QA49.V22)
Bull Market Weakness (+75) - QA49.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QA49.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QA49.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA49.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA49.V22
The long-term trend has been UP since May 10th, 2021 at 28.28
The intermediate-term trend has been UP since Mar 23rd, 2021 at 27.58
The short-term trend has been UP since Aug 20th, 2021 at 34.70
Smart Scan Analysis for QA49.V22
Based on our trend formula, QA49.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).