Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
ERCOT SOUTH 345 KV HUB 5 MW PEAK AUGUST 2022 (NYMEX:QAI9.Q22)
Sidelines Mode (+55) - QAI9.Q22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QAI9.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI9.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI9.Q22
The long-term trend has been UP since Mar 23rd, 2021 at 79.70
The intermediate-term trend has been DOWN since Aug 12th, 2021 at 95.51
The short-term trend has been UP since Sep 9th, 2021 at 89.06
Smart Scan Analysis for QAI9.Q22
Based on our trend formula, QAI9.Q22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).