Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(PEAK) JUNE 2023 (NYMEX:QP7.M23)
Countertrend Up (+85) - QP7.M23 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 QP7.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP7.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP7.M23
The long-term trend has been UP since Apr 13th, 2021 at 31.00
The intermediate-term trend has been UP since Aug 26th, 2021 at 33.97
The short-term trend has been UP since Aug 24th, 2021 at 33.36
Smart Scan Analysis for QP7.M23
Based on our trend formula, QP7.M23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).