Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
ERCOT WEST ZONE MCPE 5 MW PEAK DECEMBER 2021 (NYMEX:QN1.Z21)
Countertrend Up (+85) - QN1.Z21 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 QN1.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN1.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN1.Z21
The long-term trend has been UP since Feb 17th, 2021 at 24.37
The intermediate-term trend has been UP since Apr 16th, 2021 at 23.27
The short-term trend has been UP since Sep 8th, 2021 at 41.98
Smart Scan Analysis for QN1.Z21
Based on our trend formula, QN1.Z21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).