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WATSCO INC -CL B (WSO.B) Stock Technical Analysis

NYSE:WSO.B - New York Stock Exchange, Inc. - US9426221019 - Common Stock - Currency: USD

437.48  -12.52 (-2.78%)

Technical Rating and Analysis

5

Overall WSO.B gets a technical rating of 5 out of 10. WSO.B has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month WSO.B has a been trading in the 437.48 - 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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that WSO.B is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
WSO.B is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, WSO.B did better than 61% of them.
WSO.B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WSO.B is lagging the market.
Weekly and Daily overview Charts
WATSCO INC  -CL B / WSO.B Weekly stock chart
WATSCO INC  -CL B / WSO.B Daily stock chart
Setup Rating and Analysis

3

WSO.B has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

233.58

540.35

We found 5 important support areas.

  • A support zone ranging from 437.47 to 437.47. 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 @240.00 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 474.06 to 480.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @535.00 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for WSO.B is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for WSO.B is down.
ChartMill Relative Strength75.85POSITIVEWSO.B has a high relative strength, it outperformed 75.85% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of WSO.B is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of WSO.B is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WSO.B is above the rising SMA(200).
Relative Strength Index/RSI (14)41.91NEUTRALThe RSI value for WSO.B is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-8.92NEGATIVEThe MACD value suggests WSO.B has a negative trend.
Stochastics (14,3)10.97OVERSOLDThe low Stochastics value suggests WSO.B may be oversold.
Average True Range in percent/ATR (20)3.12MEDIUM VOLATILITYThe ATR as a percentage value for WSO.B suggests some volalility.
Average Directional Index/ADX (14)16NEGATIVEThe low ADX value for WSO.B suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
WATSCO INC  -CL B / WSO.B Daily stock chart

WATSCO INC -CL B

NYSE:WSO.B (6/27/2025, 8:04:00 PM)

437.48

-12.52 (-2.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.78%
1 Week-13.73%
2 Weeks-14.54%
1 Month-8.48%
3 Month-11.04%
6 Month66.77%
12 Month57.15%
2 Year73.25%
3 Year44.53%
5 Year164.85%
10 Year400.49%
15 Year694.55%
Volatility
ATR(14)16.81
ATR(20)%3.12%
ATR Inc9.5%
Range Today0
ADR(20)0.8
ADR(20)%0.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.85
Mansfield-0.27
10 Day High507.1
10 Day Low437.48
20 Day High529.46
20 Day Low437.48
52 Week High535
52 Week Low232.59
CS1 End437.47
CR1 Start474.06
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-35.71%
Vol(5)360
Vol(50)526