Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
PJM PSEG ZONE PEAK DAY AHEAD Jul 2022 (NYMEX:QL6.N22)
Long-Term Uptrend (+90) - QL6.N22 is in a strong uptrend that is likely to continue. While QL6.N22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QL6.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL6.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL6.N22
The long-term trend has been UP since Jun 11th, 2020 at 29.74
The intermediate-term trend has been UP since Feb 16th, 2021 at 32.40
The short-term trend has been UP since Aug 18th, 2021 at 39.99
Smart Scan Analysis for QL6.N22
Based on our trend formula, QL6.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).