Free Daily Analysis

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.

NYMEX_QERL.N22
Open High Low QERL.N22 Price Change
88.04 88.04 88.04 88.04 0.00
Entry Signal

MarketClub’s Trade Triangles for QERL.N22

long term up The long-term trend has been UP since Mar 15th, 2021 at 23.64

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2021 at 29.68

short term up 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).

+80
Smart Scan Analysis for QERL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.04 88.04 88.04 88.04 0.00
Prev. Close Volume Bid Ask Time
88.04 0 2022-06-29 00:00:00
Volatility95.38Expiration2022-06-29
Get a free daily analysis and signals for ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Jul 2022 (QERL.N22) - Request Your Free Report.