Quanta ServicesPWR

Quanta Services (PWR) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for PWR · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$602.70last close · Aug 28, 202652-week range $363.01 – $788.75 · 23.59% below the high

PWR falling wedge pattern

PWR is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 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%).

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 Jul 28, 2026 near $586.97, then was stopped out at $659.14 on Jul 30, 2026 — a 12.3% move (-1.00R) over 2 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.

OutcomeLossResult-12.3%R-1.00REntry$586.97Exit$659.14

Learn about falling wedge

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 wedgeJul 28, 2026 @ $586.97Jul 30, 2026 @ $659.14Loss+13.3% · -1.00R
TriangleJul 16, 2026 @ $631.15Jul 29, 2026 @ $555.62Win+12.0% · +0.84R
Falling wedgeJul 2, 2026 @ $662.17Jul 27, 2026 @ $604.01Win+8.8% · +0.98R
Falling wedgeJun 10, 2026 @ $659.95Jul 17, 2026 @ $616.96Win+6.5% · +0.48R
Rising wedgeMar 30, 2026 @ $527.55Apr 9, 2026 @ $583.73Loss+15.4% · -1.00R
Rising wedgeMar 26, 2026 @ $553.90Mar 30, 2026 @ $533.90Win+3.6% · +0.67R
Rising wedgeDec 17, 2025 @ $418.08Jan 16, 2026 @ $473.99Loss+8.0% · -1.00R
Rising wedgeDec 12, 2025 @ $435.87Jan 16, 2026 @ $473.99Loss+7.8% · -1.00R
TriangleDec 12, 2025 @ $445.46Dec 17, 2025 @ $423.07Win+5.0% · +0.78R
TriangleSep 24, 2025 @ $406.54Oct 13, 2025 @ $426.17Win+10.4% · +0.81R
TriangleSep 10, 2025 @ $383.11Oct 13, 2025 @ $426.17Win+12.3% · +3.35R
TriangleSep 10, 2025 @ $391.84Oct 13, 2025 @ $426.17Win+4.3% · +1.59R

Falling wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

PWR support and resistance levels

Price is being turned away at a ceiling near $731.05 and starting to slide. On the weekly chart, the next floor below sits near $525.64 — about 13% away.

  • Traders commonly watch $525.64 as a target (its 61.8% 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 $731.05 ceiling about a week 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.

PWR recent daily prices

DateOpenHighLowClose
Aug 28, 2026$619.45$622.60$601.47$602.70
Aug 27, 2026$631.00$633.50$617.34$621.83
Aug 26, 2026$612.99$620.19$604.16$616.73
Aug 25, 2026$632.95$634.10$600.38$603.78
Aug 24, 2026$637.34$637.34$610.00$616.78
Aug 21, 2026$664.80$667.01$635.57$639.34
Aug 20, 2026$672.32$679.21$660.60$662.47
Aug 19, 2026$700.00$706.07$658.88$677.41
Aug 18, 2026$708.46$712.00$688.38$696.15
Aug 17, 2026$695.00$724.80$690.51$722.31

PWR frequently asked questions

What chart pattern is PWR forming right now?
As of Aug 28, 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.
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 28, 2026?
Quanta Services (PWR) last closed at $602.70 on Aug 28, 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.