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.
MarketClub’s Trade Triangles for QERL.V23
The long-term trend has been UP since Feb 22nd, 2021 at 17.80
The intermediate-term trend has been UP since Jun 2nd, 2021 at 20.66
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).