Future Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
ERCOT HOUSTON 345 KV HUB 5 MW PEAK JUNE 2022 (NYMEX:QAI1.M22)
Strong Uptrend (+100) - QAI1.M22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QAI1.M22 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 QAI1.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI1.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI1.M22
The long-term trend has been UP since Apr 12th, 2021 at 31.53
The intermediate-term trend has been UP since Sep 8th, 2021 at 44.15
The short-term trend has been UP since Aug 26th, 2021 at 43.18
Smart Scan Analysis for QAI1.M22
Based on our trend formula, QAI1.M22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).