Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
PALO VERDE DAY AHEAD OFF PEAK 5 MW Oct 2023 (NYMEX:QOVD.V23)
Countertrend Up (+85) - QOVD.V23 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.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QOVD.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QOVD.V23
The long-term trend has been UP since Jul 31st, 2020 at 22.70
The intermediate-term trend has been UP since Aug 31st, 2021 at 40.91
The short-term trend has been UP since Aug 30th, 2021 at 40.14
Smart Scan Analysis for QOVD.V23
Based on our trend formula, QOVD.V23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).