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.
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 | 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.
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.
More stock
Get alerted when Quanta Services’s signal flips
We track Quanta Services daily. Its backtested best indicator, Least Squares MA (Weekly), is flat right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.