PJM Electricity
Futures Charts


Contract month:


Chart term:
Intraday
Daily
Weekly (Continuous)
Monthly (Continuous)
Historical

Chart format:
Bar chart
Candlestick
Bar (no indicators)
Java
Advanced chart
Dynamic intraday chart

Market insight:
News
Specifications
Analysis
Sentiment survey



Weekly Commodity Futures Price Chart

PJM Electricity (NYMEX)

TFC Commodity Charts

Trade PJM Electricity now with:

Chart Legend« To set chart options, use the handy form found to the left. «

Market data delayed 10 minutes as per exchange requirements.





Most Recent Headlines    [ Complete Futures News ]    Search News:
[ More JM News ]

Contract Specifications:JM,NYMEX
Trading Unit: 40 megawatt hours
Tick Size: U.S. dollars and cents per Mwh
Quoted Units: US $ per Mwh
Initial Margin: $4,050   Maint Margin: $4,050
Contract Months: All 12 months.
Last Trading Day: One business day before the last peak day of the month.
Trading Hours: 8:00 AM to 2:30 PM by open outcry NY Time.

Analysis

Fri 11/17/17

Mov Avg-Exponential Indicator:

Conventional Interpretation: Price is above the moving average so the trend is up.

Additional Analysis: Market trend is UP.

Mov Avg 3 lines Indicator:

Note: In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average

Conventional Interpretation - Short Term: The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Short Term: Even though based on conventional interpretation the market is technically bearish, we will not classify it as extremely bearish until the following occurs: the fast moving average slope is down from previous bar, price goes below the fast moving average, price goes below the slow moving average.

Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Long Term: Recently the market has been extremely bullish, however currently the market has lost a some of its bullishness due to the following: the fast moving average slope is down from the previous bar, the slow moving average slope is down from the previous bar. Its possible that we may see a market pullback here. if so, the pullback might turn out to be a good buying opportunity.

Bollinger Bands Indicator:

Conventional Interpretation: The Bollinger Bands are indicating an overbought market. An overbought reading occurs when the close is nearer to the top band than the bottom band.

Additional Analysis: Volatility appears to be declining, as evidenced by a decreasing distance between the upper and lower bands over the last few bars. The market is in overbought territory.

Volatility Indicator: Volatility is trending up based on a 9 bar moving average.

Momentum Indicator:

Conventional Interpretation: Momentum (5.90) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 9 bar moving average, is UP. Momentum is indicating an overbought market, and appears to be slowing. A modest downturn is possible here.

Rate of change Indicator:

Conventional Interpretation: Rate of Change (20.29) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 9 bar moving average, is UP. Rate of Change is indicating an overbought market. However the market may continue to become more overbought. Look for some evidenced weakness before closing long positions here.

Comm Channel Index Indicator:

Conventional Interpretation: CCI (32.23) has crossed back into the neutral region, issuing a signal to liquidate long positions and return to the sidelines.

Additional Analysis: CCI often misses the early part of a new move because of the large amount of time spent out of the market in the neutral region. Initiating signals when CCI crosses zero, rather than waiting for CCI to cross out of the neutral region can often help overcome this. Given this interpretation,CCI (32.23) is bullish, but has begun showing some weakness. Begin looking for an attractive point to liquidate long positions and return to the sidelines.

RSI Indicator:

Conventional Interpretation: RSI is in neutral territory. (RSI is at 51.21). This indicator issues buy signals when the RSI line dips below the bottom line into the oversold zone; a sell signal is generated when the RSI rises above the top line into the overbought zone.

Additional Analysis: RSI is somewhat overbought (RSI is at 51.21). However, this by itself isn't a strong enough indication to signal a trade. Look for additional evidence before getting too bearish here.

MACD Indicator:

Conventional Interpretation: MACD is in bullish territory, but has not issued a signal here. MACD generates a signal when the FastMA crosses above or below the SlowMA.

Additional Analysis: The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 9 bar moving average, is UP. MACD is in bullish territory.

Open Interest Indicator: Open Interest is in a downtrend based on a 9 bar moving average. While this is normal following delivery of nearer term contracts, be cautious. Decreasing open interest indicates lower liquidity.

Volume Indicator:

Conventional Interpretation: No indications for volume.

Additional Analysis: The long term market trend, based on a 45 bar moving average, is DOWN. The short term market trend, based on a 5 bar moving average, is UP. Volume is trending higher, allowing for a pick up in volatility.

Stochastic - Fast Indicator:

Conventional Interpretation: The stochastic is bullish because the SlowK line is above SlowD line.

Additional Analysis: The long term trend is DOWN. The short term trend looks a little bottomy. A possible short term up move may occur.

Stochastic - Slow Indicator:

Conventional Interpretation: The stochastic is bullish because the SlowK line is above SlowD line.

Additional Analysis: The long term trend is DOWN. The short term trend looks a little bottomy. A possible short term up move may occur.

Swing Index Indicator:

Conventional Interpretation: The swing index has crossed zero, identifying this bar as a short term pivot point.

Additional Analysis: No additional interpretation.

Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.


Market data delayed 10 minutes as per exchange requirements.

Market data is the property of Chicago Mercantile Exchange (CME).
Access to this website and use of this market data is subject to the following: (a) Market data is for the recipients own personal use and may not be redistributed without permission of CME, which may depend on execution of an agreement and payment of the applicable fee; (b) CME and its licensors reserve all Intellectual Property Rights to market data; (c) CME and TradingCharts disclaims all liability for market data and use thereof, and any and all losses, damages or claims arising from use of market data; (d) CME and TradingCharts may suspend or terminate receipt of market data by any party if CME has reason to believe market data is being misused or misrepresented. It is also a condition of access to this website that you agree to not copy, disseminate, capture, reverse engineer or otherwise use information provided on this site for any other purpose except for the direct display in Internet browser of the end user only, and only in the format provided. These pages © TradingCharts.com, Inc.