A power tool constructed in accordance to one example of the present teachings can include a housing having a handle and body portion. A motor can be disposed in the body portion and a drive spindle drivingly connected to the motor. A chuck can comprise a chuck spindle that supports a plurality of chuck jaws. A first sleeve can rotationally communicate with the chuck jaws to move the chuck jaws between a clamping position and a non-clamping position. An indicator mechanism can be disposed on the chuck having a first and second visual indicator. The indicator mechanism can move from a first position to a second position upon rotation of the first sleeve to a location that corresponds to a predetermined clamping force attained by the chuck jaws.