Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
PJM AD HUB 5 MW RT (PEAK) AUGUST 2022 (NYMEX:QAZ9.Q22)
Bull Market Weakness (+75) - QAZ9.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAZ9.Q22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAZ9.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAZ9.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAZ9.Q22
The long-term trend has been UP since Apr 22nd, 2020 at 31.05
The intermediate-term trend has been UP since Mar 26th, 2021 at 33.55
The short-term trend has been UP since Aug 20th, 2021 at 41.90
Smart Scan Analysis for QAZ9.Q22
Based on our trend formula, QAZ9.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).