Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

NEPOOL CONN 5 MW DAY AHEAD(PEAK) Oct 2022 (NYMEX:QP2.V22)

Countertrend Up (+85) - QP2.V22 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 QP2.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QP2.V22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QP2.V22
Open High Low QP2.V22 Price Change
85.65 85.65 85.65 85.65 0.00
Entry Signal

MarketClub’s Trade Triangles for QP2.V22

long term up The long-term trend has been UP since Jun 8th, 2021 at 28.87

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2021 at 28.53

short term up The short-term trend has been UP since Aug 20th, 2021 at 35.06

Smart Scan Analysis for QP2.V22

Based on our trend formula, QP2.V22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QP2.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.65 85.65 85.65 85.65 0.00
Prev. Close Volume Bid Ask Time
85.65 0 2022-05-23 00:00:00
Volatility58.43Expiration2022-09-30
Get a free daily analysis and signals for NEPOOL CONN 5 MW DAY AHEAD(PEAK) Oct 2022 (QP2.V22) - Request Your Free Report.