What chart pattern is ChartPattern.io tracking on Quanta Services?
ChartPattern.io is currently tracking Double Bottom on Quanta Services in the Industrials stock. Secondary context includes Falling Wedge and Double Bottom.
Live Industrials stock scanner page for Quanta Services. Review the double bottom setup, chart structure, and trade levels in one place.
Traders are watching Quanta Services (PWR) as price action tightens. The stock is trading at $606.89, up 4.85% on the day. Our AI has detected a valid Double Bottom pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $722.21, targeting $917.35 with support near $624.64 (R:R 2.0).
PWR is part of the Industrials stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $722.21, a stop around $624.64, and a target near $917.35.
Double Bottom
47/100 CP Index
Entry $722.21 · Stop $624.64 · Target $917.35
Live monitoring of the Double Bottom setup on PWR. See where price is heading.
Expanding volatility. Sign of instability.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
What is your outlook on PWR?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on PWR.
ChartPattern.io is currently tracking Double Bottom on Quanta Services in the Industrials stock. Secondary context includes Falling Wedge and Double Bottom.
The current trade plan points to an entry near $722.21, a stop near $624.64, and a target near $917.35.
Quanta Services currently leans neutral. The page is showing a CP Index of 47/100, which helps summarize the current technical setup.