The best indicator for Quanta Services (PWR)
We backtested 382 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.
Where Quanta Services (PWR) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
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.
Quanta Services (PWR) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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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 | Trendlines with Breaks ✓ | Daily | 17.4% | 0.66 | -66.4% | 48.3% | 60 | -0.1% |
| 10 | Trend Intensity Index ✓ | Daily | 17.2% | 0.65 | -70.8% | 60.4% | 48 | -0.2% |
| 11 | McGinley 100 Trend ✓ | Daily | 20.7% | 0.64 | -90.0% | 25.0% | 16 | 3.3% |
| 12 | Relative Volatility Index ✓ | Weekly | 16.0% | 0.64 | -78.7% | 47.4% | 95 | -1.3% |
| 13 | Stochastic (10,3) ✓ | Weekly | 16.0% | 0.63 | -60.8% | 51.2% | 172 | -1.4% |
| 14 | Linear Regression Slope ✓ | Daily | 15.9% | 0.62 | -63.9% | 47.2% | 163 | -1.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Quanta Services (PWR)
1 of 665 tested setups beat buy-and-hold on Quanta Services (PWR) outright. Another 419 could get there with leverage they would survive — but 222 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | 1 | 1.24× | 2.61× |
| Sine-Weighted MA | — | 2.18× | 2.96× |
| Markov Regime | — | 1.14× | 2.95× |
| Chande Kroll Stop | — | 1.27× | 2.42× |
| Disparity (50) | — | 1.38× | 3.21× |
| RSI (25) | — | 1.39× | 3.21× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
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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