Future Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
ERCOT WEST ZONE MCPE 5 MW OFF PEAK JANUARY 2025 (NYMEX:QO1.F25)
Bull Market Weakness (+75) - QO1.F25 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QO1.F25 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QO1.F25?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.F25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO1.F25
The long-term trend has been UP since Feb 26th, 2021 at 20.53
The intermediate-term trend has been UP since Sep 8th, 2021 at 24.34
The short-term trend has been UP since Oct 5th, 2021 at 24.90
Smart Scan Analysis for QO1.F25
Based on our trend formula, QO1.F25 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).