Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
ERCOT WEST ZONE MCPE 5 MW OFF PEAK May 2023 (NYMEX:QO1.K23)
Weak Downtrend (-65) - QO1.K23 is showing signs of a strengthening downtrend. Monitor QO1.K23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QO1.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO1.K23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QO1.K23
Based on our trend formula, QO1.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).