Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Jun 2022 (NYMEX:QERL.M22)

Bear Market Rally (-75) - QERL.M22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QERL.M22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QERL.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.M22.

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

NYMEX_QERL.M22
Open High Low QERL.M22 Price Change
76.37 76.37 76.37 76.37 0.00
Entry Signal

MarketClub’s Trade Triangles for QERL.M22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QERL.M22

Based on our trend formula, QERL.M22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QERL.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.37 76.37 76.37 76.37 0.00
Prev. Close Volume Bid Ask Time
82.62 0 2022-05-24 00:00:00
Volatility95.94Expiration2022-05-27
Get a free daily analysis and signals for ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Jun 2022 (QERL.M22) - Request Your Free Report.