Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
PJM AEP DAYTON OFF_PEAK LMP Jun 2022 (NYMEX:QR7.M22)
Long-Term Uptrend (+90) - QR7.M22 is in a strong uptrend that is likely to continue. While QR7.M22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QR7.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR7.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR7.M22
The long-term trend has been UP since Apr 12th, 2021 at 20.58
The intermediate-term trend has been UP since Apr 12th, 2021 at 20.48
The short-term trend has been UP since Aug 23rd, 2021 at 24.61
Smart Scan Analysis for QR7.M22
Based on our trend formula, QR7.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).