Future Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
ERCOT NORTH ZONE MCPE 5 MW OFF PEAK NOVEMBER 2024 (NYMEX:QAI6.X24)
Weak Downtrend (-65) - QAI6.X24 is showing signs of a strengthening downtrend. Monitor QAI6.X24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QAI6.X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI6.X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI6.X24
The long-term trend has been UP since May 15th, 2020 at 13.93
The intermediate-term trend has been DOWN since Aug 30th, 2021 at 19.59
The short-term trend has been DOWN since Sep 16th, 2021 at 20.11
Smart Scan Analysis for QAI6.X24
Based on our trend formula, QAI6.X24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).