Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
ERCOT WEST 345 KV HUB DAY-AHEAD 5 MW PK Oct 2024 (NYMEX:QYWE.V24)
Bull Market Weakness (+75) - QYWE.V24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QYWE.V24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QYWE.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QYWE.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QYWE.V24
The long-term trend has been UP since Feb 25th, 2021 at 16.01
The intermediate-term trend has been UP since Sep 9th, 2021 at 23.72
The short-term trend has been UP since Sep 30th, 2021 at 24.01
Smart Scan Analysis for QYWE.V24
Based on our trend formula, QYWE.V24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).