Future Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
ERCOT HOUSTON 345 KV HUB 5 MW PEAK Jul 2022 (NYMEX:QAI1.N22)
Weak Downtrend (-65) - QAI1.N22 is showing signs of a strengthening downtrend. Monitor QAI1.N22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QAI1.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI1.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI1.N22
The long-term trend has been UP since Feb 24th, 2021 at 50.78
The intermediate-term trend has been DOWN since Jul 30th, 2021 at 76.54
The short-term trend has been DOWN since Sep 7th, 2021 at 70.91
Smart Scan Analysis for QAI1.N22
Based on our trend formula, QAI1.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).