Future Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
PJM NI HUB 5 MW RT (OFF PEAK) SEPTEMBER 2024 (NYMEX:QB6.U24)
Countertrend Up (+85) - QB6.U24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QB6.U24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB6.U24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB6.U24
The long-term trend has been UP since May 3rd, 2021 at 18.55
The intermediate-term trend has been UP since Jul 26th, 2021 at 18.81
The short-term trend has been DOWN since Sep 7th, 2021 at 19.79
Smart Scan Analysis for QB6.U24
Based on our trend formula, QB6.U24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).