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 10 out of 10 to WSO.B. Both in the recent history as in the last year, WSO.B has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: WSO.B has an average volume of 514 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that WSO.B is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, WSO.B also shows a nice and consistent pattern of rising prices.
WSO.B is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 97% of 48 stocks in the same industry.
WSO.B is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month WSO.B has a been trading in the 464.07 - 535.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WSO.B has an excellent technical rating, but the quality of the setup is only medium 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
233.58
540.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 464.06 to 464.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @271.54 from a trend line in the weekly 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.
When analyzing the resistance we notice 2 important areas.
- Resistance @508.33 from a trend line in the weekly time frame.
- A resistance zone ranging from 535.01 to 535.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.4
Mansfield2
10 Day High529.46
10 Day Low465
20 Day High535
20 Day Low464.07
52 Week High535
52 Week Low232.59
Performance
1 Week-0.94%
2 Weeks7.02%
1 Month-2.29%
3 Month29.74%
6 Month102.49%
12 Month98.47%
2 Year84.68%
3 Year84.3%
5 Year206.98%
10 Year396.04%
15 Year942.99%
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)
Technical Indicators
MACD(12,26,9)-1.62
RSI(14)58.34
LBB450.62
UBB528.42
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 508.34 | 464.99 | 43.35 (8.53%) | 11.73% |
| An entry @508.34. This is a Buy Stop order right above the resistance zone. | An exit @464.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 43.35 points, which is 8.53%. | When investing 11.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:WSO.B (3/17/2025, 8:05:14 PM)
507.1
+3.39 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.67%
1 Week-0.94%
2 Weeks7.02%
1 Month-2.29%
3 Month29.74%
6 Month102.49%
12 Month98.47%
2 Year84.68%
3 Year84.3%
5 Year206.98%
10 Year396.04%
15 Year942.99%
Volatility
ATR(14)10.58
ATR(20)%2.48%
ATR Inc-75.54%
Range Today0
ADR(20)1.6
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.4
Mansfield2
10 Day High529.46
10 Day Low465
20 Day High535
20 Day Low464.07
52 Week High535
52 Week Low232.59
CS1 End464.06
CR1 Start508.33
Volume & EV
DER(3)3.03%
DER(5)1.82%
Volume100
Volume Incr-24.59%
Vol(5)460
Vol(50)514