Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
PJM BGE OFF_PEAK LMP NOVEMBER 2021 (NYMEX:QR3.X21)
Countertrend Up (+85) - QR3.X21 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 QR3.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR3.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR3.X21
The long-term trend has been UP since Jun 8th, 2021 at 26.71
The intermediate-term trend has been UP since Jun 1st, 2021 at 26.04
The short-term trend has been UP since Aug 23rd, 2021 at 30.42
Smart Scan Analysis for QR3.X21
Based on our trend formula, QR3.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).