QUANTA SERVICES INC (PWR) Stock Technical Analysis
USA - NYSE:PWR - US74762E1029 - Common Stock
389.53 USD
-6.49 (-1.64%)
389.53 USD
0 (0%)
Overall PWR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PWR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
PWR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PWR is lagging the market slightly.
In the last month PWR has a been trading in the 363.01 - 400.87 range, which is quite wide. It is currently trading near the high of this range.
PWR has an average volume of 1061850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PWR is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PWR is part of the Construction & Engineering industry. There are 52 other stocks in this industry, PWR did better than 50% of them.
Besides having an excellent technical rating, PWR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 388.31, a Stop Loss order could be placed below this zone.
More info and screens
238.51
394.55
We found 3 important support areas.
- A support zone ranging from 372.49 to 388.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @256.88 from a trend line in the weekly time frame.
- Support @240.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @390.64 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 PWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PWR is up. |
| ChartMill Relative Strength | 77.08 | POSITIVE | PWR has a high relative strength, it outperformed 77.08% 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) | 54.11 | NEUTRAL | The RSI value for PWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.65 | POSITIVE | The MACD value suggests PWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.93 | NEUTRAL | The Stochastics value for PWR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for PWR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.29 | 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)
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 |
|---|---|---|---|
| 390.65 | 373.39 | 17.26 (4.42%) | 22.63% |
| An entry @390.65. This is a Buy Stop order right above the resistance zone. | An exit @373.38. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 17.26 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.63% 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.
389.53
-6.49 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.64%
1 Week2.98%
2 Weeks4.3%
1 Month2.97%
3 Month2.17%
6 Month53.18%
12 Month31.27%
2 Year108.23%
3 Year205.78%
5 Year636.91%
10 Year1508.96%
15 Year1941.56%
Volatility
ATR(14)11.06
ATR(20)%2.62%
ATR Inc20.46%
Range Today10.09
ADR(20)9.56
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.08
Mansfield0.61
10 Day High400.87
10 Day Low373.4
20 Day High400.87
20 Day Low363.01
52 Week High424.94
52 Week Low227.08
CS1 End388.31
CR1 Start390.64
Volume & EV
DER(3)0.01%
DER(5)0.42%
Volume846.54K
Volume Incr22.34%
Vol(5)1.04M
Vol(50)1.06M