Future Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
PJM PENELEC OFF PEAK CAL DAY AHEAD May 2024 (NYMEX:QA50.K24)
Bull Market Weakness (+75) - QA50.K24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QA50.K24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QA50.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA50.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA50.K24
The long-term trend has been UP since Jun 1st, 2021 at 20.04
The intermediate-term trend has been UP since Jul 26th, 2021 at 20.53
The short-term trend has been UP since Sep 9th, 2021 at 20.93
Smart Scan Analysis for QA50.K24
Based on our trend formula, QA50.K24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).