Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
NEPOOL NE MASS 5 MW DAY AHEAD(OFF PEAK) Nov 2023 (NYMEX:QP8.X23)
Countertrend Up (+85) - QP8.X23 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.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP8.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP8.X23
The long-term trend has been UP since Feb 5th, 2021 at 30.18
The intermediate-term trend has been UP since Sep 28th, 2021 at 36.51
The short-term trend has been UP since Sep 28th, 2021 at 36.37
Smart Scan Analysis for QP8.X23
Based on our trend formula, QP8.X23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).