Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
PJM DPL OFF_PEAK LMP Oct 2024 (NYMEX:QE8.V24)
Bull Market Weakness (+75) - QE8.V24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QE8.V24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QE8.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE8.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE8.V24
The long-term trend has been UP since Jul 29th, 2020 at 18.70
The intermediate-term trend has been UP since Jul 26th, 2021 at 21.38
The short-term trend has been UP since Sep 9th, 2021 at 21.67
Smart Scan Analysis for QE8.V24
Based on our trend formula, QE8.V24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).