Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Sep 2022 (NYMEX:QERL.U22)
Bull Market Weakness (+75) - QERL.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QERL.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QERL.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QERL.U22
The long-term trend has been UP since Feb 25th, 2021 at 19.82
The intermediate-term trend has been UP since Feb 25th, 2021 at 19.82
The short-term trend has been UP since Aug 23rd, 2021 at 27.71
Smart Scan Analysis for QERL.U22
Based on our trend formula, QERL.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).