Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
PJM COMED 5 MW DAY AHEAD (PEAK) Jul 2022 (NYMEX:QD8.N22)
Bull Market Weakness (+75) - QD8.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD8.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD8.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD8.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD8.N22
The long-term trend has been UP since Jun 4th, 2020 at 29.67
The intermediate-term trend has been UP since Feb 11th, 2021 at 32.94
The short-term trend has been UP since Aug 20th, 2021 at 43.15
Smart Scan Analysis for QD8.N22
Based on our trend formula, QD8.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).