Powell Industries, Inc. stock trades under the ticker POWL & has shown recent bullishness that traders & investors should research further into for when market volatility subsides.
POWL stock closed at $41.35/share on 4/14/2023.
Powell Industries, Inc. POWL Stock’s Technical Performance Broken Down
POWL Stock Price: $41.35
10 Day Moving Average: $40.89
50 Day Moving Average: $42.68
200 Day Moving Average: $31.02
RSI: 49.36
MACD: -0.406
On Friday, POWL stock completed a bullish MACD crossover, gaining +0.15% on the day’s session.
Their RSI is neutral & recent trading volumes have been about average compared to the year prior, but their last week of candlesticks signals that there is uncertainty in the air about their value.
As such, it is wise to research into POWL stock now, while watching how it behaves around key support areas to figure out a more favorable entry for when markets become less volatile.
POWL stock has support at the $40.89 (10 day moving average), $40.36, $40.16 & $38.87/share price levels, with resistance at the $41.48, $42.63, $42.68 (50 day moving average) & $43.12/share price levels.
Powell Industries, Inc. POWL Stock As A Long-Term Investment
Long-term oriented investors will like POWL stocks 27.39 P/E (ttm) & 1.62 P/B (mrq).
They recently reported 19% Quarterly Revenue Growth Y-o-Y.
Their balance sheet looks appealing, with $110.7M of Total Cash (mrq) & $2.26M of Total Debt (mrq).
POWL stock pays a 2.52% dividend, which may not be sustainable in the long-run, as their payout ratio is 69.8%.
66.25% of POWL stock’s outstanding share float is owned by institutional investors.
Powell Industries, Inc. POWL Stock As A Short-Term Trade Using Options
Traders with shorter time horizons can trade options to profit from price movements in POWL stock, while protecting their portfolios from volatility.
I am looking at the contracts with the 5/19 expiration date.
The $40, $35 & $30 call options are all in-the-money, listed from highest to lowest level of open interest.
The $45 puts are currently the only strike with open interest that is in-the-money.
Tying It All Together
POWL stock has many interesting characteristics that traders & investors will find appealing.
Investors will like their valuation metrics & balance sheet, but may want to look closer into the sustainability of their dividend.
Traders will like their recent technical performance, but may be disappointed by how illiquid their options are.
Overall, it is worth taking a closer look into POWL stock to see how it fits into your portfolio strategy once market volatility subsides.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN POWL STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***