Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
NEPOOL NE MASS 5 MW DAY AHEAD(OFF PEAK) Dec 2021 (NYMEX:QP8.Z21)
Countertrend Up (+85) - QP8.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP8.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP8.Z21
The long-term trend has been UP since Mar 2nd, 2021 at 46.50
The intermediate-term trend has been UP since Mar 2nd, 2021 at 46.35
The short-term trend has been UP since Aug 24th, 2021 at 77.00
Smart Scan Analysis for QP8.Z21
Based on our trend formula, QP8.Z21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).