Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
PALO VERDE DAY AHEAD OFF PEAK 5 MW Jul 2023 (NYMEX:QOVD.N23)
Bull Market Weakness (+75) - QOVD.N23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QOVD.N23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QOVD.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QOVD.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QOVD.N23
The long-term trend has been UP since Aug 28th, 2020 at 34.95
The intermediate-term trend has been UP since Sep 9th, 2021 at 57.66
The short-term trend has been UP since Sep 9th, 2021 at 57.39
Smart Scan Analysis for QOVD.N23
Based on our trend formula, QOVD.N23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).