Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
PJM COMED 5 MW DAY AHEAD (PEAK) Feb 2022 (NYMEX:QD8.G22)
Bull Market Weakness (+75) - QD8.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD8.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD8.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD8.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD8.G22
The long-term trend has been UP since Feb 17th, 2021 at 34.78
The intermediate-term trend has been UP since Apr 7th, 2021 at 35.35
The short-term trend has been UP since Aug 20th, 2021 at 48.51
Smart Scan Analysis for QD8.G22
Based on our trend formula, QD8.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).