Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(OFF PEAK) Jul 2023 (NYMEX:QP8.N23)
Bull Market Weakness (+75) - QP8.N23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP8.N23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP8.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP8.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP8.N23
The long-term trend has been UP since Mar 29th, 2021 at 26.36
The intermediate-term trend has been UP since Jun 8th, 2021 at 27.06
The short-term trend has been UP since Aug 23rd, 2021 at 29.09
Smart Scan Analysis for QP8.N23
Based on our trend formula, QP8.N23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).