Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
ERCOT NORTH 345 KV HUB D-A 5 MW PEAK Jun 2022 (NYMEX:QEAC.M22)
Countertrend Up (+85) - QEAC.M22 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 QEAC.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEAC.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEAC.M22
The long-term trend has been UP since Apr 12th, 2021 at 31.44
The intermediate-term trend has been UP since Sep 8th, 2021 at 43.25
The short-term trend has been DOWN since Sep 27th, 2021 at 43.89
Smart Scan Analysis for QEAC.M22
Based on our trend formula, QEAC.M22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).