Quanta Services, Inc. is a contracting services company, delivering infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Its segments include Electric Power Infrastructure Solutions (Electric Power), Renewable Energy Infrastructure Solutions (Renewable Energy) and Underground Utility and Infrastructure Solutions (Underground and Infrastructure). Electric Power segment provides services primarily for electric power and for the communications market. Its services include design, procurement, new construction, upgrade and repair and maintenance services.
When researching a stock like Quanta Services, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from PWR Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for PWR stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the PWR 200 day moving average ("PWR 200 DMA"), while one of the most popular "shorter look-backs" is the PWR 50 day moving average ("PWR 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Quanta Services. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the PWR 200 DMA and the PWR 50 DMA, we get a moving average convergence divergence indicator ("PWR MACD"). The PWR MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
Free PWR Email Alerts:
Video: Technical Analysis