Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(OFF PEAK) JULY 2022 (NYMEX:QP8.N22)
Bull Market Weakness (+75) - QP8.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP8.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP8.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP8.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP8.N22
The long-term trend has been UP since Apr 16th, 2021 at 26.73
The intermediate-term trend has been UP since Jun 8th, 2021 at 27.61
The short-term trend has been UP since Aug 20th, 2021 at 31.88
Smart Scan Analysis for QP8.N22
Based on our trend formula, QP8.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).