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Future Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF MARCH 2024 (NYMEX:QERL.H24)

Weak Downtrend (-65) - QERL.H24 is showing signs of a strengthening downtrend. Monitor QERL.H24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QERL.H24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.H24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QERL.H24
Open High Low QERL.H24 Price Change
31.87 31.87 31.87 31.87 0.00
Entry Signal

MarketClub’s Trade Triangles for QERL.H24

long term up The long-term trend has been UP since Feb 25th, 2021 at 19.38

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2021 at 23.37

short term down The short-term trend has been DOWN since Sep 22nd, 2021 at 24.38

Smart Scan Analysis for QERL.H24

Based on our trend formula, QERL.H24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QERL.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.87 31.87 31.87 31.87 0.00
Prev. Close Volume Bid Ask Time
31.87 0 2022-07-01 00:00:00
Volatility45.08Expiration2024-02-28
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