Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
PALO VERDE DAY AHEAD OFF PEAK 5 MW NOVEMBER 2021 (NYMEX:QOVD.X21)
Sidelines Mode (+55) - QOVD.X21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QOVD.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QOVD.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QOVD.X21
The long-term trend has been UP since Oct 19th, 2020 at 26.44
The intermediate-term trend has been UP since Aug 31st, 2021 at 46.38
The short-term trend has been DOWN since Oct 7th, 2021 at 63.13
Smart Scan Analysis for QOVD.X21
Based on our trend formula, QOVD.X21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).