Watsco's 15min chart shows MACD Death Cross, Bollinger Bands Narrowing, and KDJ Death Cross.

Friday, Mar 20, 2026 2:21 pm ET1min read
WSO--

Based on Watsco's 15-minute chart, several technical indicators have triggered bearish signals. The Moving Average Convergence Divergence (MACD) has crossed below the signal line, indicating a potential decline in the stock price. The Bollinger Bands have narrowed, suggesting that the magnitude of stock price fluctuations is decreasing. The KDJ indicator has also triggered a death cross, indicating a shift in momentum towards the downside, which may result in further decreases in the stock price. The bearish marubozu candle at 03/20/2026 14:15 further reinforces this bearish trend. Overall, these indicators suggest that sellers are in control of the market and that bearish momentum is likely to continue.

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