• Return to Headlines

Bullish Moving Average Cross by Quanta Services (PWR)

By James Quinn

Today, shares of Quanta Services (NYSE:PWR) have advanced above their 10-day MA of $35.73 on a volume of 504K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Quanta Services share prices have been bracketed by a low of $16.77 and a high of $38.82 and are now at $36.28, 116% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.7%.

SmarTrend is tracking the current trend status for Quanta Services and will alert subscribers who have PWR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Quanta Services

Ticker(s): PWR