Future Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
PJM WESTERN PEAK LMP Aug 2023 (NYMEX:QJ4L.Q23)
Sidelines Mode (+55) - QJ4L.Q23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QJ4L.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJ4L.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJ4L.Q23
The long-term trend has been UP since May 28th, 2020 at 28.87
The intermediate-term trend has been UP since Apr 5th, 2021 at 31.47
The short-term trend has been DOWN since Sep 21st, 2021 at 41.11
Smart Scan Analysis for QJ4L.Q23
Based on our trend formula, QJ4L.Q23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).