Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
NEPOOL CONN 5 MW DAY AHEAD(OFF-PEAK) Mar 2023 (NYMEX:QP3.H23)
Countertrend Up (+85) - QP3.H23 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 QP3.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP3.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP3.H23
The long-term trend has been UP since Mar 10th, 2021 at 35.98
The intermediate-term trend has been UP since Feb 2nd, 2021 at 35.44
The short-term trend has been UP since Sep 8th, 2021 at 43.57
Smart Scan Analysis for QP3.H23
Based on our trend formula, QP3.H23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).