Quanta Services(PWR)

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

Auto-detected technical analysis for PWR · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$643.14last close · Jul 22, 202652-week range $363.01 – $788.75 · 18.46% below the high

PWR Bullish Pennant Pattern

PWR is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $859.29 (+23.4%). Across 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; PWR's own bullish pennants have hit 50.0%.

DirectionBullishTarget$859.29Projected move+23.4%Breakout level$710.75

New to this pattern? What a bullish pennant 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 8, 2026 near $690.45, then was stopped out at $724.35 on Jun 15, 2026 — a 4.9% move (-1.06R) over 5 sessions. Across 104 backtested falling wedges, this setup wins 53.8% of the time.

OutcomeLossResult-4.9%R-1.06REntry$690.45Exit$724.35

Learn about falling wedge

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
PWR win rate
50.0%

Historical pattern statistics (1987-02-04 – 2026-06-30), 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 8, 2026 @ $690.45Jun 15, 2026 @ $724.35Loss+9.9% · -1.06R
Falling WedgeJan 14, 2026 @ $444.90Mar 5, 2026 @ $549.22Win+13.0% · +2.86R
TriangleJan 8, 2026 @ $419.12Jan 16, 2026 @ $466.75Loss+12.8% · -1.44R
TriangleDec 4, 2025 @ $459.26Dec 12, 2025 @ $438.11Loss+13.3% · -1.15R
Falling WedgeJan 8, 2025 @ $315.15Jan 16, 2025 @ $336.19Loss+9.1% · -1.19R
Rising WedgeDec 3, 2024 @ $342.15Dec 30, 2024 @ $314.84Win+10.0% · +3.40R
Rising WedgeSep 19, 2024 @ $281.48Oct 23, 2024 @ $306.63Win+16.8% · +0.73R
Falling WedgeAug 14, 2024 @ $264.35Oct 15, 2024 @ $305.54Win+12.7% · +1.11R
Falling WedgeAug 8, 2024 @ $262.65Oct 15, 2024 @ $305.54Win+10.2% · +1.21R
TriangleNov 13, 2023 @ $174.98Jan 2, 2024 @ $209.27Win+10.2% · +1.61R
Falling WedgeNov 2, 2023 @ $170.00Jan 2, 2024 @ $209.27Win+13.6% · +2.42R
Rising WedgeMay 23, 2023 @ $169.18May 25, 2023 @ $172.85Loss+9.1% · -1.33R

Recent Bullish Pennants on Other Charts

FTNThit target +7.3%Jul 16, 2026INTCstopped −21.2%Jul 16, 2026PMstopped −4.3%Jul 14, 2026DALhit target +17.5%Jul 7, 2026

Learn about bullish pennant

PWR Support and Resistance Levels

Price is bouncing off a floor near $609.53 and starting to climb. On the weekly chart, the next ceiling overhead sits near $899.97 — about 40% away.

  • Traders commonly watch $899.97 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $609.53 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

PWR Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$629.44$646.49$624.61$643.14
Jul 21, 2026$638.48$647.00$632.56$639.20
Jul 20, 2026$634.19$644.96$630.10$632.56
Jul 17, 2026$616.89$637.99$608.78$628.53
Jul 16, 2026$633.69$640.99$625.22$631.02
Jul 15, 2026$664.03$666.54$634.14$648.84
Jul 14, 2026$663.90$665.03$651.42$660.94
Jul 13, 2026$649.50$656.01$642.50$646.70
Jul 10, 2026$662.00$664.95$651.13$658.56
Jul 9, 2026$686.32$690.00$665.26$668.17

PWR Frequently Asked Questions

What chart pattern is PWR forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Quanta Services (PWR) on the daily chart, with a measured-move target of $859.29.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on PWR is a bullish pattern, projecting a measured-move target of $859.29. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
What is the price target if PWR's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $859.29 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PWR's closing price on Jul 22, 2026?
Quanta Services (PWR) last closed at $643.14 on Jul 22, 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.