POWELL INDUSTRIES INC (POWL) Technical Analysis
NASDAQ:POWL • US7391281067
Current stock price
POWL Technical Rating and Analysis
Taking everything into account, POWL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, POWL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that POWL is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by POWL over the past year are nicely spread over this period.
- POWL is part of the Electrical Equipment industry. There are 91 other stocks in this industry. POWL outperforms 93% of them.
- POWL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month POWL has a been trading in the 163.33 - 237.79 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
POWL Weekly and Daily overview Charts
POWL Setup Rating and Analysis
Although POWL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
POWL Support and Resistance Analysis
124.25
We found 4 important support areas.
- Support @176.71 from a trend line in the daily time frame.
- Support @171.06 from a trend line in the daily time frame.
- Support @167.41 from a horizontal line in the daily time frame.
- Support @125.50 from a trend line in the weekly time frame.
POWL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for POWL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POWL is up. |
| ChartMill Relative Strength | 98.42 | POSITIVE | POWL has a high relative strength, it outperformed 98.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POWL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POWL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of POWL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.89 | OVERBOUGHT | The high RSI value suggests POWL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.52 | POSITIVE | The MACD value suggests POWL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.6 | OVERBOUGHT | The high Stochastics value suggests POWL may be overbought. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for POWL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for POWL suggests a possible start of a new trend. |
POWL Chart- and CandleStick Pattern Analysis
POWL Technicals: Chart, Performance Metrics, Trend & Indicators
228.99
-1.95 (-0.84%)
POWELL INDUSTRIES INC / POWL TA FAQ
Can you provide the ChartMill technical rating for POWELL INDUSTRIES INC?
ChartMill assigns a technical rating of 10 / 10 to POWL.
Can you provide the trend direction for POWELL INDUSTRIES INC?
The current trend direction for POWELL INDUSTRIES INC (POWL) is Bullish.
What is the RSI signal for POWL stock?
POWELL INDUSTRIES INC (POWL) has an RSI value of 70.8913. This indicates that the stock is currently overbought.
Can you provide the short term momentum for POWELL INDUSTRIES INC?
The short term momentum for POWELL INDUSTRIES INC (POWL) is positive.
What is the buy/sell signal for POWL stock?
The buy/sell signal for POWELL INDUSTRIES INC (POWL) is buy as both the short term and long term trends are positive.