Future Trend Analysis Report
Prepared for you on Wednesday, May 18, 2022.
ERCOT NORTH ZONE MCPE 5 MW OFF PEAK JUNE 2022 (NYMEX:QAI6.M22)
Strong Uptrend (+100) - QAI6.M22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QAI6.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 QAI6.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI6.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI6.M22
The long-term trend has been UP since Mar 2nd, 2021 at 20.72
The intermediate-term trend has been UP since Apr 7th, 2021 at 19.82
The short-term trend has been UP since Aug 23rd, 2021 at 27.58
Smart Scan Analysis for QAI6.M22
Based on our trend formula, QAI6.M22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).