QUANTA SERVICES INC (PWR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PWR - US74762E1029 - Common Stock
We assign a technical rating of 5 out of 10 to PWR. In the last year, PWR was one of the better performers, but we do observe some doubts in the very recent evolution.
PWR has an average technical rating and the quality of the presented setup is also 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.
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238.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 417.61 to 419.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @402.97 from a trend line in the daily time frame.
- A support zone ranging from 372.49 to 372.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @240.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 442.81 to 453.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 464.88 to 466.92. 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 PWR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PWR is down. |
| ChartMill Relative Strength | 84.07 | POSITIVE | PWR has a high relative strength, it outperformed 84.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PWR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PWR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.15 | NEUTRAL | The RSI value for PWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.56 | NEGATIVE | The MACD value suggests PWR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.77 | NEUTRAL | The Stochastics value for PWR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PWR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for PWR suggests a weak or negative trend. |
433.58
-1.62 (-0.37%)
QUANTA SERVICES INC / PWR FAQ
What is the ChartMill technical rating of QUANTA SERVICES INC (PWR) stock?
ChartMill assigns a technical rating of 5 / 10 to PWR.
Can you provide the trend direction for QUANTA SERVICES INC?
The current trend direction for QUANTA SERVICES INC (PWR) is Bullish.
Can you provide the RSI signal for QUANTA SERVICES INC?
QUANTA SERVICES INC (PWR) has an RSI value of 46.1536. This indicates that the stock is currently neutral.
Can you provide the short term momentum for QUANTA SERVICES INC?
The short term momentum for QUANTA SERVICES INC (PWR) is negative.
What are the support and resistance levels for QUANTA SERVICES INC (PWR) stock?
QUANTA SERVICES INC (PWR) has a support level at 419.19 and a resistance level at 442.81. Check the full technical report for our detailed analysis of PWR support and resistance levels.