Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Jul 2022 (NYMEX:QERL.N22)
Countertrend Up (+85) - QERL.N22 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 QERL.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QERL.N22
The long-term trend has been UP since Mar 15th, 2021 at 23.64
The intermediate-term trend has been UP since Sep 29th, 2021 at 29.68
The short-term trend has been UP since Sep 9th, 2021 at 28.81
Smart Scan Analysis for QERL.N22
Based on our trend formula, QERL.N22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).