POWELL INDUSTRIES INC (POWL) Stock Technical Analysis
NASDAQ:POWL - Nasdaq - US7391281067 - Common Stock - Currency: USD
Taking everything into account, POWL scores 6 out of 10 in our technical rating. POWL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
POWL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so POWL is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
POWL is part of the Electrical Equipment industry. There are 94 other stocks in this industry. POWL outperforms 73% of them.
In the last month POWL has a been trading in the 164.26 - 195.76 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that POWL is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
POWL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
154.00
198.23
When analyzing the support we can see 5 important areas.
- Support @173.24 from a trend line in the daily time frame.
- A support zone ranging from 169.58 to 169.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @162.85 from a horizontal line in the weekly time frame.
- Support @159.16 from a trend line in the daily time frame.
- Support @155.56 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @189.76 from a trend line in the weekly time frame.
- A resistance zone ranging from 193.24 to 196.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for POWL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POWL is up. |
| ChartMill Relative Strength | 75.85 | POSITIVE | POWL has a high relative strength, it outperformed 75.85% 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) | DOWN | NEGATIVE | The current price of POWL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.79 | NEUTRAL | The RSI value for POWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.65 | POSITIVE | The MACD value suggests POWL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.93 | OVERBOUGHT | The high Stochastics value suggests POWL may be overbought. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for POWL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.94 | NEGATIVE | The low ADX value for POWL suggests a weak or negative trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 189.77 | 173.23 | 16.54 (8.72%) | 11.47% |
| An entry @189.77. This is a Buy Stop order right above the resistance zone. | An exit @173.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 16.54 points, which is 8.72%. | For a 1.00% total portfolio risk, you can invest 11.47% of your capital in this trade. |
- 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.
187.85
-5.48 (-2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.83%
1 Week-1.64%
2 Weeks10.77%
1 Month5.68%
3 Month8.36%
6 Month-25.46%
12 Month13.53%
2 Year210.04%
3 Year703.81%
5 Year585.83%
10 Year434.12%
15 Year587.09%
Volatility
ATR(14)7.91
ATR(20)%4.01%
ATR Inc-16.38%
Range Today6.11
ADR(20)7.37
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.85
Mansfield-1.17
10 Day High195.76
10 Day Low164.26
20 Day High195.76
20 Day Low164.26
52 Week High364.98
52 Week Low127.01
CS1 End173.24
CR1 Start189.76
Volume & EV
DER(3)-1.88%
DER(5)-1.86%
Volume237.10K
Volume Incr-27.7%
Vol(5)214.28K
Vol(50)307.61K