Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NEPOOL MAINE 5 MW DAY AHEAD(PEAK) Jun 2022 (NYMEX:QP9.M22)
Bull Market Weakness (+75) - QP9.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QP9.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QP9.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QP9.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QP9.M22
The long-term trend has been UP since Apr 16th, 2021 at 29.42
The intermediate-term trend has been UP since Aug 26th, 2021 at 36.15
The short-term trend has been UP since Aug 20th, 2021 at 34.73
Smart Scan Analysis for QP9.M22
Based on our trend formula, QP9.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).