Free Daily Analysis

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.

NYMEX_QERL.U22
Open High Low QERL.U22 Price Change
86.02 86.02 86.02 86.02 0.00
Entry Signal

MarketClub’s Trade Triangles for QERL.U22

long term up The long-term trend has been UP since Feb 25th, 2021 at 19.82

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 19.82

short term up 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).

+70
Smart Scan Analysis for QERL.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.02 86.02 86.02 86.02 0.00
Prev. Close Volume Bid Ask Time
86.02 0 2022-08-16 00:00:00
Volatility112.04Expiration2022-08-30
Get a free daily analysis and signals for ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Sep 2022 (QERL.U22) - Request Your Free Report.