WATSCO INC -CL B (WSO.B) Stock Technical Analysis
NYSE:WSO.B - New York Stock Exchange, Inc. - US9426221019 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to WSO.B. In the last year, WSO.B was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month WSO.B has a been trading in the 447.21 - 529.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: WSO.B has an average volume of 526 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
WSO.B is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. WSO.B outperforms 91% of them.
WSO.B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WSO.B is lagging the market slightly.
Looking at the yearly performance, WSO.B did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although WSO.B has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
233.58
540.35
5 important support areas can be observed.
- A support zone ranging from 447.20 to 447.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @272.75 from a trend line in the weekly time frame.
- Support @245.79 from a trend line in the weekly time frame.
- Support @239.93 from a trend line in the daily time frame.
- A support zone ranging from 235.94 to 235.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 507.11 to 511.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @535.00 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WSO.B is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WSO.B is neutral. |
| ChartMill Relative Strength | 89.25 | POSITIVE | WSO.B has a high relative strength, it outperformed 89.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSO.B is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WSO.B is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSO.B is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.36 | NEUTRAL | The RSI value for WSO.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.56 | NEGATIVE | The MACD value suggests WSO.B has a negative trend. |
| Stochastics (14,3) | 21.85 | NEUTRAL | The Stochastics value for WSO.B is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for WSO.B suggests some volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for WSO.B suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:WSO.B (5/29/2025, 8:22:04 PM)
450
-21.49 (-4.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-4.56%
1 Week-10.66%
2 Weeks-15.01%
1 Month-7.07%
3 Month-8.49%
6 Month71.55%
12 Month61.64%
2 Year62.13%
3 Year52.1%
5 Year174.36%
10 Year384.39%
15 Year756%
Volatility
ATR(14)16.54
ATR(20)%2.97%
ATR Inc-20.9%
Range Today0
ADR(20)1.05
ADR(20)%0.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.25
Mansfield0.61
10 Day High511.89
10 Day Low447.21
20 Day High529.46
20 Day Low447.21
52 Week High535
52 Week Low232.59
CS1 End447.2
CR1 Start507.11
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-39.82%
Vol(5)340
Vol(50)526