Technical Analysis for WSO - Watsco, Inc.

Grade Last Price % Change Price Change
A 443.21 -0.18% -0.79
WSO closed down 0.18 percent on Friday, April 26, 2024, on 83 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
MACD Bullish Signal Line Cross Bullish -0.18%
New 52 Week Closing High Bullish -0.18%
Pocket Pivot Bullish Swing Setup -0.18%
Calm After Storm Range Contraction -0.18%
Inside Day Range Contraction -0.18%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 13 hours ago
Possible Inside Day about 13 hours ago
Down 1% about 15 hours ago
60 Minute Opening Range Breakout about 17 hours ago
Upper Bollinger Band Resistance 1 day ago

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Profile

Watsco, Inc. Description

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment in the United States, Canada, Puerto Rico, and Mexico. It distributes residential central air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment and systems; and other specialized equipment. The company also distributes various parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies. It serves contractors and dealers in the replacement and new construction markets. The company also exports its products to Latin America and the Caribbean. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.


Classification

Sector: Technology
Industry: Electronics Distribution
Keywords: Applied Sciences Refrigeration Adhesives Heating Ventilating Home Appliances Sheet Metal Thermodynamics Thermostat Air Conditioning Refrigerant Evaporator Food Preservation Refrigeration Equipment Oil Furnaces

Is WSO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 451.29
52 Week Low 307.1951
Average Volume 332,940
200-Day Moving Average 383.23
50-Day Moving Average 409.59
20-Day Moving Average 422.94
10-Day Moving Average 417.65
Average True Range 12.22
RSI (14) 63.37
ADX 20.64
+DI 31.56
-DI 16.50
Chandelier Exit (Long, 3 ATRs) 414.63
Chandelier Exit (Short, 3 ATRs) 433.47
Upper Bollinger Bands 452.35
Lower Bollinger Band 393.53
Percent B (%b) 0.84
BandWidth 13.91
MACD Line 4.41
MACD Signal Line 2.15
MACD Histogram 2.2561
Fundamentals Value
Market Cap 15.01 Billion
Num Shares 33.9 Million
EPS 15.17
Price-to-Earnings (P/E) Ratio 29.22
Price-to-Sales 2.21
Price-to-Book 7.36
PEG Ratio 6.76
Dividend 9.55
Dividend Yield 2.15%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 452.78
Resistance 3 (R3) 452.50 449.04 451.19
Resistance 2 (R2) 449.04 446.60 449.18 450.65
Resistance 1 (R1) 446.12 445.09 447.58 446.40 450.12
Pivot Point 442.66 442.66 443.39 442.80 442.66
Support 1 (S1) 439.74 440.22 441.20 440.02 436.30
Support 2 (S2) 436.28 438.71 436.42 435.77
Support 3 (S3) 433.36 436.28 435.24
Support 4 (S4) 433.64