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Is WSO ready to move lower? Directional Movement Crossover Bearish shows up after dropping 1.22%

Watsco, Inc. (WSO) — Nightly Technical Analysis · Jun 17, 2026, 17:48 ET
WSO posted a 1.22% loss on Wednesday, June 17th, accompanied by 0.6× normal trading volume. Multiple bearish signals emerged — Stochastic Reached Overbought, Directional Movement Crossover Bearish & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 378.14, 371.9 & 362.98, with resistance at 393.3, 402.23 & 408.47. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of WSO: C

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Watsco, Inc. (WSO)