Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(OFF PEAK) Aug 2024 (NYMEX:QP8.Q24)
Countertrend Up (+85) - QP8.Q24 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.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP8.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP8.Q24
The long-term trend has been UP since Jun 9th, 2021 at 26.58
The intermediate-term trend has been UP since Jul 26th, 2021 at 26.15
The short-term trend has been UP since Aug 24th, 2021 at 26.47
Smart Scan Analysis for QP8.Q24
Based on our trend formula, QP8.Q24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).