Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
PJM NI HUB 5 MW RT (OFF PEAK) May 2023 (NYMEX:QB6.K23)
Strong Uptrend (+100) - QB6.K23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QB6.K23 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 QB6.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB6.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB6.K23
The long-term trend has been UP since Apr 19th, 2021 at 17.64
The intermediate-term trend has been UP since Jul 26th, 2021 at 18.78
The short-term trend has been UP since Sep 9th, 2021 at 19.93
Smart Scan Analysis for QB6.K23
Based on our trend formula, QB6.K23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).