Quanta Services, week 5 of a sell signal
Quanta Services: the decline regains momentum as sellers retake control
Quanta Services, week 5 of a sell signal
In Summary
Week 5 of the sell signal on Quanta Services, listed on the New York Stock Exchange, following the double bottom in the 646 area that had produced a 16% rebound. The week just closed turns lower again, down 2.8%, with sell volume at 75% and capital flow back in distribution after weeks of buying. Earnings are approaching, on July 30.
IQS Phase
62
ordinary
Signal Strength
54
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#88 / 137
US stocks
Trade P&L %
+3.86%
from signal to today
restricted Platinum content