WATSCO INC (WSO) Stock Technical Analysis
NYSE:WSO - New York Stock Exchange, Inc. - US9426222009 - Common Stock - Currency: USD
Taking everything into account, WSO scores 4 out of 10 in our technical rating. Although WSO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WSO is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. WSO outperforms 85% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that WSO is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
WSO is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so WSO is still doing slightly better than the market.
In the last month WSO has a been trading in the 457.36 - 521.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WSO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 496.75. Right above this resistance zone may be a good entry point.
More info and screens
444.16
536.06
4 important support areas can be observed.
- Support @483.45 from a trend line in the weekly time frame.
- Support @473.01 from a horizontal line in the daily time frame.
- A support zone ranging from 461.27 to 463.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @448.65 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 496.75 to 501.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 513.95 to 517.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @530.75 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85
Mansfield1.08
10 Day High518
10 Day Low457.36
20 Day High521.7
20 Day Low457.36
52 Week High571.42
52 Week Low439.08
Performance
1 Week-2.75%
2 Weeks3.53%
1 Month-0.42%
3 Month-0.04%
6 Month3.99%
12 Month11.66%
2 Year42.88%
3 Year85.51%
5 Year207.42%
10 Year311.43%
15 Year735.71%
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)0.29
RSI(14)47.74
LBB465.71
UBB530.06
494.91
-11.75 (-2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.32%
1 Week-2.75%
2 Weeks3.53%
1 Month-0.42%
3 Month-0.04%
6 Month3.99%
12 Month11.66%
2 Year42.88%
3 Year85.51%
5 Year207.42%
10 Year311.43%
15 Year735.71%
Volatility
ATR(14)24.34
ATR(20)%4.34%
ATR Inc-31.54%
Range Today17.64
ADR(20)20.37
ADR(20)%4.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85
Mansfield1.08
10 Day High518
10 Day Low457.36
20 Day High521.7
20 Day Low457.36
52 Week High571.42
52 Week Low439.08
CS1 End483.45
CR1 Start496.75
Volume & EV
DER(3)0.51%
DER(5)-0.04%
Volume405.30K
Volume Incr-4.3%
Vol(5)262.30K
Vol(50)301.57K