POWELL INDUSTRIES INC (POWL) Stock Technical Analysis
USA - NASDAQ:POWL - US7391281067 - Common Stock
Taking everything into account, POWL scores 9 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.
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
186.68
5 important support areas can be observed.
- A support zone ranging from 363.21 to 363.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @335.68 from a trend line in the daily time frame.
- A support zone ranging from 319.87 to 323.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @201.39 from a trend line in the weekly time frame.
- Support @188.57 from a trend line in the weekly time frame.
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 | 89.43 | POSITIVE | POWL has a high relative strength, it outperformed 89.43% 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 | NEUTRAL | The RSI value for POWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.58 | NEGATIVE | The MACD value suggests POWL has a negative trend. |
| Stochastics (14,3) | 46.75 | NEUTRAL | The Stochastics value for POWL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for POWL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for POWL suggests a possible start of a new trend. |
363.22
-10.63 (-2.84%)
POWELL INDUSTRIES INC / POWL FAQ
Can you provide the ChartMill technical rating for POWELL INDUSTRIES INC?
ChartMill assigns a technical rating of 9 / 10 to POWL.
What is the trend direction for POWL stock?
The current trend direction for POWELL INDUSTRIES INC (POWL) is Bullish.
Can you provide the RSI signal for POWELL INDUSTRIES INC?
POWELL INDUSTRIES INC (POWL) has an RSI value of 53.0027. This indicates that the stock is currently neutral.
Can you provide the short term momentum for POWELL INDUSTRIES INC?
The short term momentum for POWELL INDUSTRIES INC (POWL) is positive.
What are the support and resistance levels for POWELL INDUSTRIES INC (POWL) stock?
POWELL INDUSTRIES INC (POWL) has a support level at 363.21. Check the full technical report for our detailed analysis of POWL support and resistance levels.