Future Trend Analysis Report
Prepared for you on Sunday, August 7, 2022.
PJM PENELEC OFF PEAK CAL DAY AHEAD Sep 2022 (NYMEX:QA50.U22)
Long-Term Uptrend (+90) - QA50.U22 is in a strong uptrend that is likely to continue. While QA50.U22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QA50.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA50.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA50.U22
The long-term trend has been UP since Apr 19th, 2021 at 19.95
The intermediate-term trend has been UP since Apr 14th, 2021 at 19.37
The short-term trend has been UP since Aug 24th, 2021 at 23.44
Smart Scan Analysis for QA50.U22
Based on our trend formula, QA50.U22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).