QUANTA SERVICES INC (PWR)

US74762E1029 - Common Stock

330.54  -0.27 (-0.08%)

Technical Rating and Analysis

9

Overall PWR gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that PWR is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, PWR also shows a nice and consistent pattern of rising prices.
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 317.03 - 350.19 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PWR is an average performer in the Construction & Engineering industry, it outperforms 65% of 45 stocks in the same industry.
Weekly and Daily overview Charts
PWR Weekly chart
PWR Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, PWR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 344.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 328.40, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

277.16

350.08

We found 4 important support areas.

  • A support zone ranging from 319.89 to 328.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @311.01 from a trend line in the daily time frame.
  • Support @296.05 from a horizontal line in the daily time frame.
  • Support @279.96 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 344.53 to 346.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.73
Mansfield1.11
10 Day High343.44
10 Day Low319.21
20 Day High350.19
20 Day Low317.03
52 Week High350.19
52 Week Low187.27
Performance
1 Week-1.67%
2 Weeks3.41%
1 Month-3.53%
3 Month11.48%
6 Month30.19%
12 Month53.29%
2 Year132.15%
3 Year188.51%
5 Year712.6%
10 Year1065.23%
15 Year1487.38%
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)
Technical Indicators
MACD(12,26,9)-1.53
RSI(14)50.98
LBB316.72
UBB344.14
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
331.68319.8811.80 (3.56%)25.00%
An entry @331.68. This is a Buy Stop order right above the 10 day moving average.An exit @319.88. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 11.80 points, which is 3.56%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%.

  • The distance between exit and entry is rather small compared to the average daily movement of PWR. Please evaluate whether better entry and exit points can be found.
  • 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 Daily chart

QUANTA SERVICES INC

NYSE:PWR (12/26/2024, 11:06:46 AM)

330.54

-0.27 (-0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.08%
1 Week-1.67%
2 Weeks3.41%
1 Month-3.53%
3 Month11.48%
6 Month30.19%
12 Month53.29%
2 Year132.15%
3 Year188.51%
5 Year712.6%
10 Year1065.23%
15 Year1487.38%
Volatility
ATR(14)9.19
ATR(20)%2.57%
ATR Inc-56.31%
Range Today3.85
ADR(20)8.28
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.73
Mansfield1.11
10 Day High343.44
10 Day Low319.21
20 Day High350.19
20 Day Low317.03
52 Week High350.19
52 Week Low187.27
CS1 End328.4
CR1 Start344.53
Volume & EV
DER(3)0.16%
DER(5)-0.83%
Volume71.09K
Volume Incr31.76%
Vol(5)1.24M
Vol(50)934.70K