Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
ERCOT NORTH ZONE MCPE 5 MW OFF PEAK OCTOBER 2022 (NYMEX:QAI6.V22)
Bull Market Weakness (+75) - QAI6.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAI6.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAI6.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI6.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI6.V22
The long-term trend has been UP since Jan 5th, 2021 at 18.72
The intermediate-term trend has been UP since Apr 8th, 2021 at 19.79
The short-term trend has been UP since Aug 23rd, 2021 at 26.50
Smart Scan Analysis for QAI6.V22
Based on our trend formula, QAI6.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).