Watsco B's 15min chart triggered MACD Golden Cross, RSI Oversold

Tuesday, Jan 6, 2026 1:23 pm ET1min read
WSO.B--

Based on the 15-minute chart of Watsco B, there has been a notable event as the MACD indicator has crossed above the signal line, a phenomenon known as a Golden Cross. Additionally, the RSI (Relative Strength Index) has dipped into oversold territory, reaching a value of 01/06/2026 at 13:15. This suggests that the stock price has the potential for continued upward momentum. Furthermore, the recent drop in stock price appears to be unjustified in relation to the company's fundamental value, as it has fallen below the level of support provided by the company's underlying fundamentals.

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