QUANTA SERVICES INC.
0.681197
USD
(+0.60%)
04/02/2025 - 10:45
Open 15 min delayed data - NYSE Stocks
| Open: | 0.677153 |
| Change: | +0.004045 |
| Volume: | 13,184 |
| Low: | 0.663341 |
| High: | 0.684230 |
| High / Low range: | 0.020889 |
| Type: | Stocks |
| Ticker: | PWR |
| ISIN: |
QUANTA SERVICES INC. - Daily - Technical analysis published on 11/26/2019 (GMT)
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- 11/26/2019 - 14:59
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- Timeframe : Daily
- - Analysis generated on 11/26/2019 - 14:57
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 40.60 USD
My targets
43.75 USD (+4.37%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 40.60 USD remains possible. It is advisable to trade QUANTA SERVICES INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 40.60 USD. The next bullish objective for buyers is set at 43.75 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 40.60 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QUANTA SERVICES INC. price is 41.92 USD. The price is lower by -0.55% since the last closing with the lowest point at 41.73 USD and the highest point at 42.25 USD. The deviation from the price is +0.46% for the low point and -0.78% for the high point.41.73
42.25
41.92
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of QUANTA SERVICES INC. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 34.74 | 37.18 | 40.60 | 41.92 | 43.75 |
| Change (%) | -17.13% | -11.31% | -3.15% | - | +4.37% |
| Change | -7.18 | -4.74 | -1.32 | - | +1.83 |
| Level | Intermediate | Major | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.33 | 41.52 | 41.69 | 41.88 | 42.05 | 42.24 | 42.41 |
| Camarilla | 41.77 | 41.80 | 41.84 | 41.87 | 41.90 | 41.94 | 41.97 |
| Woodie | 41.33 | 41.52 | 41.69 | 41.88 | 42.05 | 42.24 | 42.41 |
| Fibonacci | 41.52 | 41.65 | 41.74 | 41.88 | 42.01 | 42.10 | 42.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.28 | 40.83 | 41.35 | 41.90 | 42.42 | 42.97 | 43.49 |
| Camarilla | 41.58 | 41.67 | 41.77 | 41.87 | 41.97 | 42.07 | 42.16 |
| Woodie | 40.27 | 40.82 | 41.34 | 41.89 | 42.41 | 42.96 | 43.48 |
| Fibonacci | 40.83 | 41.24 | 41.49 | 41.90 | 42.31 | 42.56 | 42.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.05 | 32.80 | 37.43 | 40.18 | 44.81 | 47.56 | 52.19 |
| Camarilla | 40.02 | 40.70 | 41.37 | 42.05 | 42.73 | 43.40 | 44.08 |
| Woodie | 30.98 | 33.27 | 38.36 | 40.65 | 45.74 | 48.03 | 53.12 |
| Fibonacci | 32.80 | 35.62 | 37.36 | 40.18 | 43.00 | 44.74 | 47.56 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.64 | |
| MACD (12,26,9): | 0.4900 | |
| Directional Movement: | 6.20 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 42.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 42.45 | |
| Elder Ray (13): | -0.11 | |
| Super Trend (3,10): | 41.08 | |
| Zig ZAG (10): | 42.15 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 20.02 | |
| TEMA (21): | 42.30 | |
| Williams %R (14): | -70.94 | |
| Chande Momentum Oscillator (20): | -0.99 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2900 | |
| Courbe Coppock: | 3.74 |
| MA7: | 42.04 | |
| MA20: | 42.50 | |
| MA50: | 40.15 | |
| MA100: | 37.82 | |
| MAexp7: | 42.12 | |
| MAexp20: | 41.95 | |
| MAexp50: | 40.43 | |
| MAexp100: | 38.93 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -1.36% | |
| Price / MA50: | +4.41% | |
| Price / MA100: | +10.84% | |
| Price / MAexp7: | -0.47% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | +3.69% | |
| Price / MAexp100: | +7.68% |
News
The latest news and videos published on QUANTA SERVICES INC. at the time of the analysis were as follows:
- 08/16/2018 - 12:00 Quanta Officially Begins Trading Under Ticker Symbol "QNTA"
- 08/02/2018 - 10:55 Quanta Services Reports 2018 Second Quarter Results
- 07/25/2018 - 10:55 Quanta Services Selected by Enbridge Pipelines for Phase 2 of the Line 3 Replacement Program in Canada
- 07/23/2018 - 10:55 Quanta Services Announces Second Quarter 2018 Earnings Release & Conference Call Schedule
- 05/22/2018 - 16:00 Quanta Services to Present at Several Institutional Investor Conferences in May and June
This member declared not having a position on this financial instrument or a related financial instrument.
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