Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(PEAK) Nov 2024 (NYMEX:QP7.X24)
Countertrend Up (+85) - QP7.X24 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.X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP7.X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP7.X24
The long-term trend has been UP since Apr 30th, 2021 at 42.91
The intermediate-term trend has been UP since Jul 29th, 2021 at 43.67
The short-term trend has been UP since Aug 24th, 2021 at 44.12
Smart Scan Analysis for QP7.X24
Based on our trend formula, QP7.X24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).