Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
PJM COMED 5 MW DAY AHEAD (PEAK) Nov 2021 (NYMEX:QD8.X21)
Countertrend Up (+85) - QD8.X21 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 QD8.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD8.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD8.X21
The long-term trend has been UP since Apr 27th, 2021 at 29.41
The intermediate-term trend has been UP since Apr 7th, 2021 at 28.29
The short-term trend has been UP since Sep 1st, 2021 at 41.63
Smart Scan Analysis for QD8.X21
Based on our trend formula, QD8.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).