Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
ERCOT NORTH 345 KV HUB 5 MW PEAK Apr 2024 (NYMEX:QAI5.J24)
Weak Downtrend (-65) - QAI5.J24 is showing signs of a strengthening downtrend. Monitor QAI5.J24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QAI5.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI5.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI5.J24
The long-term trend has been UP since Mar 1st, 2021 at 22.05
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 27.12
The short-term trend has been DOWN since Sep 16th, 2021 at 27.69
Smart Scan Analysis for QAI5.J24
Based on our trend formula, QAI5.J24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).