Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

ERCOT WEST 345 KV HUB DAY-AHEAD 5 MW PK Jun 2024 (NYMEX:QYWE.M24)

Bull Market Weakness (+75) - QYWE.M24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QYWE.M24 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QYWE.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QYWE.M24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QYWE.M24
Open High Low QYWE.M24 Price Change
22.24 22.24 22.24 22.24 0.00
Entry Signal

MarketClub’s Trade Triangles for QYWE.M24

long term up The long-term trend has been UP since Jun 22nd, 2021 at 23.39

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2021 at 24.76

short term up The short-term trend has been UP since Sep 28th, 2021 at 23.74

Smart Scan Analysis for QYWE.M24

Based on our trend formula, QYWE.M24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QYWE.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.24 22.24 22.24 22.24 0.00
Prev. Close Volume Bid Ask Time
22.24 0 2021-11-26 00:00:00
Volatility25.2Expiration2024-05-30
Get a free daily analysis and signals for ERCOT WEST 345 KV HUB DAY-AHEAD 5 MW PK Jun 2024 (QYWE.M24) - Request Your Free Report.