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Future Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
ERCOT WEST ZONE MCPE 5 MW PEAK Sep 2024 (NYMEX:QN1.U24)
Countertrend Up (+85) - QN1.U24 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 QN1.U24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN1.U24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QN1.U24
The long-term trend has been UP since Jun 4th, 2021 at 26.02
The intermediate-term trend has been UP since Sep 9th, 2021 at 27.65
The short-term trend has been DOWN since Sep 21st, 2021 at 27.59
Smart Scan Analysis for QN1.U24
Based on our trend formula, QN1.U24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.97 | 39.97 | 39.97 | 39.97 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.61 | 0 | 2022-05-18 00:00:00 |
| Volatility | 49.17 | Expiration | 2024-08-30 |