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Quanta Services Up 20.0% Since SmarTrend Uptrend Call (PWR)

By David Diaz

SmarTrend identified an Uptrend for Quanta Services (NYSE:PWR) on January 7th, 2019 at $31.21. In approximately 2 months, Quanta Services has returned 19.99% as of today's recent price of $37.45.

Over the past year, Quanta Services has traded in a range of $27.90 to $37.45 and is now at $37.45, 34% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has remained constant.

Quanta Services, Inc. provides specialized contracting services to electric utilities, telecommunication and cable television operators, and governmental entities. The Company also installs transportation control and lighting systems and provides specialty electric power and communication services for industrial and commercial customers. Quanta operates projects throughout North America.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Quanta Services shares.

Log in and add Quanta Services (PWR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Quanta Services

Ticker(s): PWR