Quanta Services (NYSE: PWR) STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 264 – 269 |
Target | 284 – 288 |
StopLoss* | below 254 |
Duration | 12-14 Trading Days |
Potential Returns | 7% – 8% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 264 – 269 | 284 – 288 | below 254 | 12-14 Trading Days | 7% – 8% |
* Once the first target hit, reset the StopLoss at your buying price.
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Quanta Services (NYSE: PWR) STOCK OVERVIEW
Quanta Services, Inc. engages in the provision of comprehensive infrastructure solutions to the electric power, oil and gas, communication, pipeline, and energy industries. It operates through the following segments: Electric Power, Renewable Energy, and Underground and Infrastructure. The Electric Power segment provides services for the electric power and communications markets. The Renewable Energy segment is involved in providing infrastructure solutions to customers involved in the renewable energy industry. The Underground and Infrastructure segment offers infrastructure solutions to customers involved in the transportation, distribution, storage, development, and processing of natural gas, oil, and other products. The company was founded by Kevin D. Miller, Steven P. Colmar, William G. Parkhouse, and John R. Colson on August 19, 1997 and is headquartered in Houston, TX.
Stock Data | |
NYSE Symbol | PWR |
Sectoral Index | Engineering & Construction |
52 Weeks High | 265.82 |
52 Weeks Low | 153.74 |
Quanta Services (NYSE: PWR) - RELATIVE STRENGTH
Relative Performance - Last 1 Year
Quanta Services — NYSE —
Quanta Services (NYSE: PWR) - DAILY TECHNICAL ANALYSIS
- In the deep consolidation phase, price has formed a Cup & Handle pattern, which is a bullish pattern.
- With a huge gap up, price broke the resistance level.
- After that the price has given a upside move and reached to its All Time High at near 266 level.
- With a short pull back, price again started moving upside.
- Recently with a breakout, supported by the volume, it is expected that the price may continue its upmove.
Quanta Services (NYSE: PWR) - EMA Cross
- The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last dayโs candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Quanta Services (NYSE: PWR) - RSI
- Current RSI of this stock is 67.49, which indicates the strength of buyers.
Quanta Services (NYSE: PWR) - MACD
- MACD line has just crossed the signal line from the below, generates bullish signal.
CONCLUSION - Quanta Services (NYSE: PWR) STOCK PRICE FORECAST
Based on our USA stock trading advisory services, Quanta Services stock price target will be USD 284 – USD 288 in the next 12-14ย trading sessions.