Quanta Services's most recent trend suggests a bullish bias. One trading opportunity on Quanta Services is a Bull Put Spread using a strike $90.00 short put and a strike $80.00 long put offers a potential 11.73% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Quanta Services is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Quanta Services is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Quanta Services
Quanta Services Announces First Quarter 2021 Earnings Release & Conference Call Schedule
Thu, 15 Apr 2021 11:05:00 +0000
Quanta Services, Inc. (NYSE: PWR) announced today that it will release first quarter 2021 financial results on Thursday, May 6, 2021, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call for 9:00 a.m. Eastern time on Thursday, May 6, 2021, which also will be broadcast live over the Internet. Quanta will utilize a slide presentation to accompany its prepared remarks, which will be viewable through the webcast and available on the Investor Relations section of the Quanta website prior to the conference call (http://investors.quantaservices.com).
Why Quanta Services (PWR) is Poised to Beat Earnings Estimates Again
Mon, 12 Apr 2021 16:10:04 +0000
Quanta Services (PWR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
10 Best Stocks That Will Gain From Biden’s Job and Infrastructure Plan
Sat, 10 Apr 2021 12:25:16 +0000
In this article we will take a look at the 10 best stocks that will gain from Biden’s job and infrastructure plan. You can skip our detailed analysis of the US job and infrastructure plan’s outlook for 2021 and some of the major growth catalysts for the stocks that will benefit from it, and go […]
These 3 Companies Could Directly Benefit From Biden's New Infrastructure Plan
Sat, 10 Apr 2021 10:00:00 +0000
With a price tag of $2 trillion in spending over the next 10 years, President Joe Biden's infrastructure plan, The American Jobs Plan, is a monumental push toward creating jobs and stimulating the economy. “Infrastructure” may conjure ideas of roads and bridges, which make up a respectable $115 billion of the plan — we'll discuss that.
Is Now The Time To Put Quanta Services (NYSE:PWR) On Your Watchlist?
Wed, 07 Apr 2021 12:58:37 +0000
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to…
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