Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Oct 2023 (NYMEX:QERL.V23)

Countertrend Up (+85) - QERL.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 QERL.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.V23.

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

NYMEX_QERL.V23
Open High Low QERL.V23 Price Change
37.82 37.82 37.82 37.82 0.00
Entry Signal

MarketClub’s Trade Triangles for QERL.V23

long term up The long-term trend has been UP since Feb 22nd, 2021 at 17.80

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2021 at 20.66

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 25.56

Smart Scan Analysis for QERL.V23

Based on our trend formula, QERL.V23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QERL.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.82 37.82 37.82 37.82 0.00
Prev. Close Volume Bid Ask Time
39.87 0 2022-05-18 00:00:00
Volatility42.34Expiration2023-09-28
Get a free daily analysis and signals for ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Oct 2023 (QERL.V23) - Request Your Free Report.