Future Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
ERCOT NORTH ZONE MCPE 5 MW OFF PEAK MAY 2024 (NYMEX:QAI6.K24)
Bull Market Weakness (+75) - QAI6.K24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAI6.K24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAI6.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI6.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI6.K24
The long-term trend has been UP since Jan 27th, 2021 at 17.79
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 22.03
The short-term trend has been UP since Sep 3rd, 2021 at 22.06
Smart Scan Analysis for QAI6.K24
Based on our trend formula, QAI6.K24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).