Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
PJM PPL PEAK LMP May 2024 (NYMEX:QL5.K24)
Strong Uptrend (+100) - QL5.K24 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QL5.K24 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QL5.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL5.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL5.K24
The long-term trend has been UP since Jun 3rd, 2021 at 23.77
The intermediate-term trend has been UP since Aug 3rd, 2021 at 25.45
The short-term trend has been UP since Aug 20th, 2021 at 25.99
Smart Scan Analysis for QL5.K24
Based on our trend formula, QL5.K24 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).