Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(OFF PEAK) Aug 2023 (NYMEX:QP8.Q23)
Countertrend Up (+85) - QP8.Q23 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 QP8.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP8.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP8.Q23
The long-term trend has been UP since Mar 31st, 2021 at 25.29
The intermediate-term trend has been UP since Jun 8th, 2021 at 26.05
The short-term trend has been UP since Aug 23rd, 2021 at 27.70
Smart Scan Analysis for QP8.Q23
Based on our trend formula, QP8.Q23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).