Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
PJM AEP DAYTON OFF_PEAK LMP Oct 2023 (NYMEX:QR7.V23)
Countertrend Up (+85) - QR7.V23 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 QR7.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR7.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR7.V23
The long-term trend has been UP since Apr 16th, 2021 at 20.67
The intermediate-term trend has been UP since Jul 22nd, 2021 at 21.37
The short-term trend has been DOWN since Sep 28th, 2021 at 23.63
Smart Scan Analysis for QR7.V23
Based on our trend formula, QR7.V23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).