Quanta Services (PWR) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PWR · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$693.00last close · Aug 4, 202652-week range $363.01 – $788.75 · 12.14% below the high

PWR Falling Wedge Pattern

PWR is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge usually breaks higher, but PWR is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $616.64 (−9.9%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; PWR's own falling wedges have hit 58.8%.

DirectionBearishTarget$616.64Projected move−9.9%Breakout level$685.46

New to this pattern? What a falling wedge is and how to trade it →

PWR's Most Recent Falling Wedge Trade

PWR's most recent completed falling wedge (which broke against type) resolved as a loss: it broke down on Jun 9, 2026 near $681.19, then was stopped out at $724.35 on Jun 15, 2026 — a -1.04R move (6.3%) over 4 sessions. Across 126 backtested falling wedges, this setup wins 55.6% of the time.

OutcomeLossResult-1.04REntry$681.19Exit$724.35

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
PWR win rate
58.8%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

PWR Pattern Trade History

Every completed pattern trade our nightly backtest found on PWR's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJun 9, 2026 @ $681.19Jun 15, 2026 @ $724.35Loss-1.04R
TriangleJan 6, 2026 @ $418.81Jan 16, 2026 @ $466.75Loss-1.43R
TriangleDec 12, 2025 @ $450.25Jan 8, 2026 @ $410.60Win+1.67R
TriangleDec 4, 2025 @ $459.26Dec 12, 2025 @ $438.11Loss-1.15R
Bullish PennantSep 10, 2025 @ $381.20Oct 10, 2025 @ $417.61Win+2.00R
Rising WedgeApr 25, 2025 @ $287.01May 22, 2025 @ $330.83Win+1.22R
Falling WedgeJan 8, 2025 @ $315.15Jan 16, 2025 @ $336.19Loss-1.19R
Rising WedgeDec 3, 2024 @ $342.15Dec 30, 2024 @ $314.84Win+3.40R
Rising WedgeSep 19, 2024 @ $281.48Oct 23, 2024 @ $306.63Win+0.73R
Falling WedgeAug 14, 2024 @ $264.35Oct 15, 2024 @ $305.54Win+1.11R
TriangleNov 13, 2023 @ $174.98Jan 2, 2024 @ $209.27Win+1.61R
Falling WedgeNov 2, 2023 @ $170.00Jan 2, 2024 @ $209.27Win+2.42R

PWR Support and Resistance Levels

Price was turned away at a ceiling near $731.15 about 4 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $575.88 — still about 17% away.

  • Traders commonly watch $575.88 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $731.15 ceiling about 4 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $643.48, resistance near $747.05. These are chart/swing-derived levels, not formula pivots.

Resistance
$747.05$765.21$791.50$929.29$1,059.20
Support
$643.48$606.33$577.07$529.09$363.49

PWR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$697.42$708.06$679.67$693.00
Aug 3, 2026$659.11$682.61$654.26$680.20
Jul 31, 2026$679.14$687.18$661.82$667.36
Jul 30, 2026$647.00$679.80$634.51$657.98
Jul 29, 2026$582.73$591.59$554.12$561.14
Jul 28, 2026$603.58$603.58$570.73$588.36
Jul 27, 2026$626.43$637.26$603.25$620.28
Jul 24, 2026$650.39$655.09$625.33$625.84
Jul 23, 2026$642.08$659.14$642.08$653.80
Jul 22, 2026$629.44$646.49$624.61$643.14

PWR Frequently Asked Questions

What chart pattern is PWR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Quanta Services (PWR) on the daily chart, with a measured-move target of $616.64.
Is a falling wedge bullish or bearish?
The falling wedge detected on PWR is a bearish pattern, projecting a measured-move target of $616.64. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for PWR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PWR's nearest support is around $643.48 and nearest resistance around $747.05.
What is the price target if PWR's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $616.64 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PWR's closing price on Aug 4, 2026?
Quanta Services (PWR) last closed at $693.00 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.