QUANTA SERVICES INC (PWR) Technical Analysis
NYSE:PWR • US74762E1029
We assign a technical rating of 10 out of 10 to PWR. Both in the recent history as in the last year, PWR 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 PWR is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by PWR over the past year are nicely spread over this period.
- PWR is part of the Construction & Engineering industry. There are 55 other stocks in this industry. PWR outperforms 75% of them.
- PWR 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 PWR has a been trading in the 456.25 - 573.97 range, which is quite wide. It is currently trading near the high of this range.
- PWR has an average volume of 1021120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PWR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. 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
238.51
We found 5 important support areas.
- Support @521.68 from a trend line in the daily time frame.
- Support @459.19 from a trend line in the weekly time frame.
- Support @444.82 from a trend line in the weekly time frame.
- A support zone ranging from 417.61 to 421.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @240.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @572.67 from a horizontal line in the daily 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 PWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PWR is up. |
| ChartMill Relative Strength | 94.86 | POSITIVE | PWR has a high relative strength, it outperformed 94.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PWR is above 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) | 58.91 | NEUTRAL | The RSI value for PWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests PWR has a negative trend. |
| Stochastics (14,3) | 80.61 | OVERBOUGHT | The high Stochastics value suggests PWR may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for PWR suggests some volalility. |
| Average Directional Index/ADX (14) | 34.44 | POSITIVE | The high ADX value value for PWR suggests a strong trend. |
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 |
|---|---|---|---|
| 572.68 | 534.35 | 38.33 (6.69%) | 14.94% |
| An entry @572.68. This is a Buy Stop order right above the resistance zone. | An exit @534.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 38.33 points, which is 6.69%. | When investing 14.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
PWR Technicals: Chart, Performance Metrics, Trend & Indicators
549.22
-19.16 (-3.37%)
QUANTA SERVICES INC / PWR FAQ
What is the ChartMill technical rating of QUANTA SERVICES INC (PWR) stock?
ChartMill assigns a technical rating of 10 / 10 to PWR.
What is the current trend direction of QUANTA SERVICES INC (PWR) stock?
The current trend direction for QUANTA SERVICES INC (PWR) is Bullish.
What is the RSI signal for QUANTA SERVICES INC (PWR) stock?
QUANTA SERVICES INC (PWR) has an RSI value of 58.9066. This indicates that the stock is currently neutral.
Can you provide the MACD signal for QUANTA SERVICES INC?
The MACD indicator for QUANTA SERVICES INC (PWR) has a value of -1.11662, indicating a bearish trend.
What is the buy/sell signal for PWR stock?
The buy/sell signal for QUANTA SERVICES INC (PWR) is buy as both the short term and long term trends are positive.