Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(OFF PEAK) APRIL 2026 (NYMEX:QP8.J26)
Long-Term Downtrend (-90) - QP8.J26 is in a strong downtrend that is likely to continue. While QP8.J26 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QP8.J26?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP8.J26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP8.J26
The long-term trend has been DOWN since Jan 26th, 2021 at 32.69
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 23.70
The short-term trend has been DOWN since Sep 21st, 2021 at 23.92
Smart Scan Analysis for QP8.J26
Based on our trend formula, QP8.J26 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).