Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
ERCOT HOUSTON 345 KV HUB 5 MW OFF-PEAK JULY 2022 (NYMEX:QAI2.N22)
Bull Market Weakness (+75) - QAI2.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAI2.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAI2.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI2.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI2.N22
The long-term trend has been UP since Mar 15th, 2021 at 26.85
The intermediate-term trend has been UP since Sep 27th, 2021 at 32.36
The short-term trend has been UP since Sep 9th, 2021 at 31.81
Smart Scan Analysis for QAI2.N22
Based on our trend formula, QAI2.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).