Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
PALO VERDE DAY AHEAD OFF PEAK 5 MW Feb 2024 (NYMEX:QOVD.G24)
Countertrend Up (+85) - QOVD.G24 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 QOVD.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QOVD.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QOVD.G24
The long-term trend has been UP since Jul 23rd, 2021 at 38.61
The intermediate-term trend has been UP since Jul 19th, 2021 at 37.20
The short-term trend has been UP since Aug 19th, 2021 at 35.19
Smart Scan Analysis for QOVD.G24
Based on our trend formula, QOVD.G24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).