Future Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
PJM PENELEC OFF PEAK CAL DAY AHEAD JULY 2022 (NYMEX:QA50.N22)
Bull Market Weakness (+75) - QA50.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QA50.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QA50.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA50.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA50.N22
The long-term trend has been UP since Apr 21st, 2021 at 22.18
The intermediate-term trend has been UP since Jun 29th, 2021 at 24.56
The short-term trend has been UP since Aug 20th, 2021 at 26.71
Smart Scan Analysis for QA50.N22
Based on our trend formula, QA50.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).