QUANTA SERVICES INC (PWR)

US74762E1029 - Common Stock

273.29  -3.41 (-1.23%)

After market: 273.29 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to PWR. Both in the recent history as in the last year, PWR has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that PWR is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, PWR also shows a nice and consistent pattern of rising prices.
PWR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PWR is lagging the market slightly.
In the last month PWR has a been trading in the 262.73 - 286.87 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PWR is an average performer in the Construction & Engineering industry, it outperforms 63% of 42 stocks in the same industry.
Weekly and Daily overview Charts
PWR Weekly chart
PWR Daily chart
Setup Rating and Analysis

8

PWR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 272.44, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

189.28

286.27

We found 5 important support areas.

  • A support zone ranging from 272.05 to 272.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 261.47 to 264.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @252.79 from a trend line in the daily time frame.
  • A support zone ranging from 239.14 to 243.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @191.19 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 283.44 to 283.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.58
Mansfield1.13
10 Day High281.6
10 Day Low265.02
20 Day High286.87
20 Day Low262.73
52 Week High286.87
52 Week Low153.74
Performance
1 Week1.47%
2 Weeks-0.96%
1 Month3.59%
3 Month12.58%
6 Month27.1%
12 Month46.97%
2 Year118.04%
3 Year201.75%
5 Year615.61%
10 Year690.31%
15 Year1081.54%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.63
RSI(14)53.13
LBB266.52
UBB281.73
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
283.45272.0411.41 (4.03%)24.84%
An entry @283.45. This is a Buy Stop order right above the resistance zone.An exit @272.04. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 11.41 points, which is 4.03%.When investing 24.84% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of PWR. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PWR Daily chart

QUANTA SERVICES INC

NYSE:PWR (6/14/2024, 7:04:00 PM)

After market: 273.29 0 (0%)

273.29

-3.41 (-1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.23%
1 Week1.47%
2 Weeks-0.96%
1 Month3.59%
3 Month12.58%
6 Month27.1%
12 Month46.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.9
ATR(20)%2.75%
ATR Inc
Range Today5.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High281.6
10 Day Low265.02
20 Day High286.87
20 Day Low262.73
52 Week High286.87
52 Week Low153.74
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume762.10K
Volume Incr-33.91%
Vol(5)637.80K
Vol(50)916.44K