WATSCO INC (WSO) Stock Technical Analysis
NYSE:WSO - New York Stock Exchange, Inc. - US9426222009 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WSO. WSO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
68% of all other stocks performed better in the past year than WSO.
WSO is one of the lesser performing stocks in the Trading Companies & Distributors industry. 61% of 48 stocks in the same industry do better.
WSO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WSO is lagging the market.
In the last month WSO has a been trading in the 447.27 - 496.25 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of WSO is bad and it also does not present a 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.
More info and screens
441.93
536.06
We found 1 important support area.
- A support zone ranging from 446.39 to 455.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 500.52 to 500.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 512.95 to 520.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @530.75 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 | NEUTRAL | NEUTRAL | The long term trend for WSO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSO is down. |
| ChartMill Relative Strength | 32.65 | NEUTRAL | WSO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WSO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WSO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.09 | NEUTRAL | The RSI value for WSO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.46 | NEGATIVE | The MACD value suggests WSO has a negative trend. |
| Stochastics (14,3) | 5.85 | OVERSOLD | The low Stochastics value suggests WSO may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WSO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for WSO 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)
455.22
-0.86 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.19%
1 Week-7.51%
2 Weeks-4.35%
1 Month-0.19%
3 Month-8.72%
6 Month-17.95%
12 Month-7.01%
2 Year40.34%
3 Year78.08%
5 Year155.87%
10 Year261.52%
15 Year677.49%
Volatility
ATR(14)10.65
ATR(20)%2.39%
ATR Inc-44.49%
Range Today6.04
ADR(20)10.29
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.65
Mansfield-0.85
10 Day High496.25
10 Day Low451.53
20 Day High496.25
20 Day Low447.28
52 Week High571.42
52 Week Low439.08
CS1 End455.21
CR1 Start500.52
Volume & EV
DER(3)-3.79%
DER(5)-2.22%
Volume252.60K
Volume Incr-22.97%
Vol(5)261.18K
Vol(50)294.17K