WATSCO INC (WSO)

US9426222009 - Common Stock

546.24  +12.84 (+2.41%)

After market: 546.24 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to WSO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WSO is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WSO did better than 81% of all other stocks.
A new 52 week high is currently being made by WSO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month WSO has a been trading in the 466.71 - 549.74 range, which is quite wide. It is currently trading near the high of this range.
WSO is an average performer in the Trading Companies & Distributors industry, it outperforms 64% of 51 stocks in the same industry.
Weekly and Daily overview Charts
WSO Weekly chart
WSO Daily chart
Setup Rating and Analysis

6

WSO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

454.75

551.70

We found 3 important support areas.

  • A support zone ranging from 532.83 to 538.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 473.99 to 482.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 459.34 to 466.41. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.48
Mansfield0.74
10 Day High549.74
10 Day Low517.38
20 Day High549.74
20 Day Low466.71
52 Week High549.74
52 Week Low373.33
Performance
1 Week3.89%
2 Weeks4.05%
1 Month14.21%
3 Month12.46%
6 Month11.58%
12 Month38.21%
2 Year103.08%
3 Year86.61%
5 Year206.93%
10 Year438.17%
15 Year989%
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)2.63
RSI(14)67.71
LBB486.97
UBB561.02
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
549.75532.8216.93 (3.08%)25.00%
An entry @549.75. This is a Buy Stop order right above the 10 day high.An exit @532.82. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 16.93 points, which is 3.08%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%.

  • The distance between exit and entry is rather small compared to the average daily movement of WSO. Please evaluate whether better entry and exit points can be found.
  • 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.
WSO Daily chart

WATSCO INC

NYSE:WSO (11/21/2024, 8:04:00 PM)

After market: 546.24 0 (0%)

546.24

+12.84 (+2.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.41%
1 Week3.89%
2 Weeks4.05%
1 Month14.21%
3 Month12.46%
6 Month11.58%
12 Month38.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)14.26
ATR(20)%2.31%
ATR Inc
Range Today18.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High549.74
10 Day Low517.38
20 Day High549.74
20 Day Low466.71
52 Week High549.74
52 Week Low373.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume178.00K
Volume Incr-28.3%
Vol(5)165.18K
Vol(50)221.33K