The best indicator for Quanta Services (PWR)
We backtested 366 indicators across daily, weekly and hourly charts on real Quanta Services (PWR) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Least Squares MA
On the weekly chart, this is the strongest risk-adjusted edge we found for Quanta Services (PWR) over ~28.4 years — beating buy-and-hold by 2.9% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Quanta Services (PWR) — trailing buy-and-hold by 0.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Least Squares MA ✓ | Weekly | 20.2% | 0.74 | -55.2% | 54.5% | 112 | 2.9% |
| 2 | ZLEMA 200 Trend ✓ | Weekly | 14.6% | 0.71 | -48.9% | 59.3% | 27 | -2.8% |
| 3 | Random Walk Index ✓ | Daily | 18.7% | 0.68 | -67.3% | 43.5% | 338 | 1.2% |
| 4 | Random Walk Index ✓ | Daily | 18.7% | 0.68 | -67.3% | 43.5% | 338 | 1.2% |
| 5 | Vortex ✓ | Daily | 17.8% | 0.67 | -69.6% | 45.5% | 345 | 0.3% |
| 6 | SMA 5/20 Cross ✓ | Daily | 18.0% | 0.67 | -56.3% | 47.0% | 200 | 0.6% |
| 7 | SMA 5/20 Cross ✓ | Weekly | 18.2% | 0.67 | -62.4% | 50.0% | 40 | 0.8% |
| 8 | Stochastic Fast (5,3) ✓ | Weekly | 17.6% | 0.66 | -74.0% | 55.0% | 191 | 0.3% |
| 9 | Trend Intensity Index ✓ | Daily | 17.2% | 0.65 | -70.8% | 60.4% | 48 | -0.2% |
| 10 | McGinley 100 Trend ✓ | Daily | 20.7% | 0.64 | -90.0% | 25.0% | 16 | 3.3% |
| 11 | Relative Volatility Index ✓ | Weekly | 16.0% | 0.64 | -78.7% | 47.4% | 95 | -1.3% |
| 12 | Stochastic (10,3) ✓ | Weekly | 16.0% | 0.63 | -60.8% | 51.2% | 172 | -1.4% |
| 13 | Linear Regression Slope ✓ | Daily | 15.9% | 0.62 | -63.9% | 47.2% | 163 | -1.5% |
| 14 | Chande Kroll Stop ✓ | Daily | 18.3% | 0.62 | -78.0% | 40.0% | 428 | 0.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Quanta Services (PWR), Least Squares MA on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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