QUANTA SERVICES INC (PWR) Stock Technical Analysis
NYSE:PWR • US74762E1029
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PWR did better than 94% of all other stocks. On top of that, PWR also shows a nice and consistent pattern of rising prices.
- PWR is part of the Construction & Engineering industry. There are 55 other stocks in this industry. PWR outperforms 77% 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 451.17 - 565.93 range, which is quite wide. It is currently trading near the high of this range.
- PWR has an average volume of 1044840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, PWR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
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238.51
When analyzing the support we can see 5 important areas.
- A support zone ranging from 498.84 to 504.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @454.61 from a trend line in the weekly time frame.
- Support @428.80 from a trend line in the daily time frame.
- Support @417.61 from a horizontal line in the daily 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 | 94.14 | POSITIVE | PWR has a high relative strength, it outperformed 94.14% 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) | 70.24 | OVERBOUGHT | The high RSI value suggests PWR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.99 | POSITIVE | The MACD value suggests PWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.05 | OVERBOUGHT | The high Stochastics value suggests PWR may be overbought. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for PWR suggests some volalility. |
| Average Directional Index/ADX (14) | 36.24 | 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 |
|---|---|---|---|
| 565.94 | 503.19 | 62.75 (11.09%) | 9.02% |
| An entry @565.94. This is a Buy Stop order right above the 10 day high. | An exit @503.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 62.75 points, which is 11.09%. | For a 1.00% total portfolio risk, you can invest 9.02% of your capital in this trade. |
- 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.
549.11
-3.55 (-0.64%)
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 70.2416. This indicates that the stock is currently overbought.
Can you provide the MACD signal for QUANTA SERVICES INC?
The MACD indicator for QUANTA SERVICES INC (PWR) has a value of 3.99017, indicating a bullish 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.