Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
PJM PENELEC PEAK CAL DAY AHEAD DECEMBER 2021 (NYMEX:QA49.Z21)
Strong Uptrend (+100) - QA49.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QA49.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QA49.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA49.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA49.Z21
The long-term trend has been UP since Feb 19th, 2021 at 33.33
The intermediate-term trend has been UP since Apr 14th, 2021 at 32.56
The short-term trend has been UP since Aug 20th, 2021 at 43.83
Smart Scan Analysis for QA49.Z21
Based on our trend formula, QA49.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).