Future Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
PALO VERDE DAY AHEAD OFF PEAK 5 MW Feb 2022 (NYMEX:QOVD.G22)
Bull Market Weakness (+75) - QOVD.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QOVD.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QOVD.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QOVD.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QOVD.G22
The long-term trend has been UP since Dec 1st, 2020 at 29.25
The intermediate-term trend has been UP since May 28th, 2021 at 43.50
The short-term trend has been UP since Sep 1st, 2021 at 51.75
Smart Scan Analysis for QOVD.G22
Based on our trend formula, QOVD.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).