POWELL INDUSTRIES INC (POWL) Stock Technical Analysis
NASDAQ:POWL • US7391281067
Taking everything into account, POWL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, POWL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, POWL did better than 97% of all other stocks. We also observe that the gains produced by POWL over the past year are nicely spread over this period.
- POWL is one of the better performing stocks in the Electrical Equipment industry, it outperforms 92% of 91 stocks in the same industry.
- POWL 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 POWL is lagging the market slightly.
- In the last month POWL has a been trading in the 438.50 - 612.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although POWL has an excellent technical rating, the quality of the presented setup is not ideal 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
280.89
4 important support areas can be observed.
- A support zone ranging from 523.59 to 523.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @373.88 from a trend line in the daily time frame.
- A support zone ranging from 345.03 to 346.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @283.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 585.08 to 592.91. 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 | 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 | 97.78 | POSITIVE | POWL has a high relative strength, it outperformed 97.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of POWL is below 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) | 53.87 | NEUTRAL | The RSI value for POWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -9.69 | NEGATIVE | The MACD value suggests POWL has a negative trend. |
| Stochastics (14,3) | 25.99 | NEUTRAL | The Stochastics value for POWL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for POWL suggests high volalility. |
| Average Directional Index/ADX (14) | 46.52 | POSITIVE | The high ADX value value for POWL suggests a strong trend. |
523.6
-7.28 (-1.37%)
POWELL INDUSTRIES INC / POWL 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 POWELL INDUSTRIES INC (POWL) stock?
POWELL INDUSTRIES INC (POWL) has an RSI value of 53.8669. This indicates that the stock is currently neutral.
What is the buy/sell signal for POWELL INDUSTRIES INC (POWL) stock?
The buy/sell signal for POWELL INDUSTRIES INC (POWL) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for POWELL INDUSTRIES INC?
POWELL INDUSTRIES INC (POWL) has a support level at 523.59 and a resistance level at 585.08. Check the full technical report for our detailed analysis of POWL support and resistance levels.