QUANTA SERVICES INC (PWR) Stock Technical Analysis
NYSE:PWR - New York Stock Exchange, Inc. - US74762E1029 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to PWR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PWR is showing a nice and steady performance.
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 91% of all stocks.
PWR is part of the Construction & Engineering industry. There are 49 other stocks in this industry. PWR outperforms 79% 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 358.38 - 405.43 range, which is quite wide. It is currently trading near the high of this range.
PWR has an average volume of 1101660 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, but the quality of the setup is only medium 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
238.51
402.65
We found 4 important support areas.
- A support zone ranging from 380.86 to 387.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @348.75 from a horizontal line in the daily time frame.
- Support @254.23 from a trend line in the weekly time frame.
- Support @240.92 from a horizontal 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 PWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PWR is up. |
| ChartMill Relative Strength | 91.96 | POSITIVE | PWR has a high relative strength, it outperformed 91.96% 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) | 75.4 | OVERBOUGHT | The high RSI value suggests PWR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests PWR has a positive trend. |
| Stochastics (14,3) | 96.32 | OVERBOUGHT | The high Stochastics value suggests PWR may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for PWR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for PWR 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)
398.66
-4.65 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.15%
1 Week5.09%
2 Weeks4.35%
1 Month11.9%
3 Month50.93%
6 Month19.51%
12 Month55.98%
2 Year100.04%
3 Year190.72%
5 Year909.03%
10 Year1360.21%
15 Year1777.61%
Volatility
ATR(14)9.89
ATR(20)%2.25%
ATR Inc-0.19%
Range Today8.04
ADR(20)8.62
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.96
Mansfield2.1
10 Day High405.43
10 Day Low369.63
20 Day High405.43
20 Day Low358.38
52 Week High405.43
52 Week Low227.08
CS1 End387.32
CR1 StartN/A
Volume & EV
DER(3)1.37%
DER(5)-0.16%
Volume994.91K
Volume Incr-26.58%
Vol(5)843.44K
Vol(50)1.10M