Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
View
Simple research view

WAT · Waters Corporation

$455.98 +0.51% Oct 26 close
Detected setup Cup & Handle · Setup Score 82/100

Stand aside — setup invalidated

Setup score 82, but distribution days reach 5 or more — stand aside until the condition resets.

Ask about WAT

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$WAT

Waters Corporation

Waters Corporation is a large-cap Medical Specialties company in the Health Technology sector with a market cap of $45B.

Health Technology Medical Specialties stock Stage 2 · Advancing Base 2
$455.98 latest close
Market Structure
Trend structure: range
Latest event: bos (bullish)
Support 380.62–383.52 · 5 touches · strong
Support 389.16–391.87 · 5 touches · strong
Support 418.00–421.74 · 4 touches · moderate
Support 371.57–373.54 · 3 touches · moderate
Support 367.05–367.96 · 3 touches · moderate
Join to Watchlist $WAT Share card
Verdict · setup score 82/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 82, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$400$450AugSepOct$456

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 2. Quarterly EPS growth ≥ 25% — -40.4% QoQ
  • Minervini 2. ROE ≥ 17% — ROE 8.0%
  • O'Neil C: Quarterly EPS acceleration ≥ 25% — -40.4% QoQ
  • O'Neil A: Annual earnings & revenue quality — Rev +7.0% | ROE 8.0%
  • Weinstein Volume expansion above average — Volume ratio 1.17x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 9/13 pass; wait for the soft misses to improve.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
66 Strong
Legend Score · rates the stock Strong (66/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 88
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 40
  • EPS Growth (15%) 30
  • Quality (SMR-like) (15%) 44

RS rank 87: beating most of the market. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 40: mild distribution — sellers active. EPS -0% last quarter — no earnings momentum. Quality 44: weak fundamentals (sales growth 30, return on equity 40, leverage 100). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Monday, November 2, 2026 Before market open Exact clock time not supplied by source

Deterministic evidence

WAT+0.51%
Sector proxy · XLV+0.00%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. WAT was +0.51 points vs XLV. -0.20 points vs SPY.
CatalystPending Stock reactionPositive Sector reactionWeak Opening surgePending Event riskEarnings-driven

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close+0.51% From the open+0.00% Range position52% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $455.98 +0.5% Oct 26 close
52W High $465.36 2.0% below high
Wks Since High 0w
Base Depth 4.0%
RS Rank 71 percentile of scan
SMA 50 $425.01
Avg Vol 776,190
Rel Vol (Oct 26) 1.17× 0.99× on up days
More stats
52W Low $282.77
Tight Wks 0
Base B2
SMA 200 $367.96
RS Line vs High -2.5%
RS Line Slope +2.7% ▲
Group Rank #20/66
ADR% 3.1%
ATR(14) $13.82 (3.0%)
Vol Pace (live) N/A
A/D Days 19A / 13D
A/D Rating A+
VDU Bars 0/10 d
Power Trend 30d
Earnings in 6d
Position in 52-week range 95thpercentile of the 52-week range
$282.77low
$465.36high

WAT Chart

Interactive price, volume, RS, RSI, and MACD charts are available after sign in.

Create a free account to load the full interactive chart for WAT.

Create Free Account

Technical Analysis Report Card

$WAT · $455.98 · as of 2026-10-26 · multi-factor read
100
/ 100
Technicals 100/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$425.01 ↑
100-day$401.12 ↑
200-day$367.96 ↑
Bullish (50 > 200)

RSI (14)

Reading64.0 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+1.412

Bullish — MACD above its signal line and above zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width92% · 9.0%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol0.99 · Neutral
Rel volume1.17×
Pocket pivots · 10d0
5d vs 50d vol129%
Heavy vol up / down0 / 1

Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.

  • 1 heavy-volume down day vs 0 up in the last 20 sessions — supply is showing.

Support & Resistance

R · $465.3652-week high
Price · $455.98now
S · $419.81swing level
S · $394.48swing level
S · $351.77swing level

Fibonacci · Uptrend swing

23.6%$431.96
38.2%$411.30
50.0%$394.61
61.8%$377.91
78.6%$354.13

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for WAT — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRS 87 (leader)
Want this read in a legend's voice? Ask a Legend about WAT
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (82/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 8 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch C Trend-template read: 9/13 pass; wait for the soft misses to improve.

mediumEnter on break of $454.99 pivot with stop at $425.83 (risk 6.4%). SEPA Grade B (4/7).

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $455.98, MA150 $376.54, MA200 $367.96
1.2 150-day MA > 200-day MAMA150 $376.54 vs MA200 $367.96
Failing evidence
2. Quarterly EPS growth ≥ 25%-40.4% QoQ
2. ROE ≥ 17%ROE 8.0%
9/13 checks
Method → Playbook → Ask →
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

partialRule check says AVOID (3/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 87
N: Near 52-week high or RS line new high2.0% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-40.4% QoQ
A: Annual earnings & revenue qualityRev +7.0% | ROE 8.0%
3/8 checks
Method → Playbook → Ask →
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $455.98 vs MA200 $367.96
Failing evidence
Volume expansion above averageVolume ratio 1.17x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $421.61
Volatility-unit sizing (1N ≈ 1% of equity)1N = $13.33 (2.92% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/8 checks
Method → Playbook → Ask →
zanger Watch B Zanger read: the structure is fine but the breakout quality is not there yet — wait for 150%+ volume on the break.

mediumZanger would buy the Cup & Handle breakout only with 150-200% volume, never more than 5% above the breakout point, with a 2-3% stop set at entry. His edge over O'Neil is the exit plan: sell 20-30% of the position at +15-20%, then trail the rest on the 10/20-day moving average.

Passing evidence
Named Zanger pattern onlyCup & Handle
Not extended (≤5% above the breakout point)Measured as passing
Failing evidence
Breakout volume 1.5-2.0x averageNot confirmed
5/6 checks
Method → Playbook → Ask →
zweig Watch D Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Reasonable price for the growth (P/E ≤ 35); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Price strength (RS ≥ 70)RS score 87 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (1995 adv / 1699 dec) — participation expanding
Failing evidence
EPS growth above the market (≥15% QoQ)-40.4% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 42.4x — no PEG or forward P/E stored
3/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$455.98
Relative strengthRS 87
Failing evidence
Volume vs average1.17x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.

Passing evidence
Price$455.98
Relative strengthRS 87
Failing evidence
Volume vs average1.17x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$455.98
Relative strengthRS 87
Failing evidence
Volume vs average1.17x
Sign of Strength confirmed on expanding volume1.17x average volume — needs ≥1.4x
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
116RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +6 A+
A: 19 D: 13 Net: +665 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 4/7 met
B 4/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ -40%
✗ Revenue growth ≥20% YoY +7%
✓ Gross margin ≥30% 55%
✗ ROE ≥17% 8%
✓ RS rating ≥80 (leadership) 87
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -2.0%

Method Playbook

Trade it like Zanger EXACT LEVELS · PRO
Zanger B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the breakout point of a named pattern (flat base, bull flag, ascending triangle, cup and handle, double bottom, symmetrical triangle).
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Buy the breakout day on 150-200% of average volume. Never pay more than 5% above the breakout point.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Set the stop 2-3% below entry and sell on bad price action before it is even hit.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Sell 20-30% of the position at +15-20% from the breakout, then trail the rest on the 10/20-day moving average.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Out on a break of the 10/20-day MA, a failed breakout back below the pivot, or a reversal pattern — winners are held, laggards are sold fast.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Cup & Handle ⚠ Volatility widening into breakout
82 setup score
RS Score 87
Trend template 8/8 ✓
CANSLIM 68.0* (B)
29.5% cup depth 4.7% handle rims outside 10% ideal 4 sessions since breakout
  • Cup 29.5% deep from a $400.98 left rim to a $282.77 low
  • Rims 13.4% apart (accepted, but outside the 10% ideal)
  • Handle pulled back 4.7% over 3 bars from $449.12 to $427.97
  • Handle sits in the upper half of the cup
  • Rounded U-shaped bottom
  • Pivot $454.54 fixed at the handle high
  • Breakout: 4 bars since the first close above the pivot
  • Volume dried up in the handle
Raw detector evidence · confidence is a heuristic match score, not a probability depth=29.5%, handle_pb=4.7%, lips_diff=13.4%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (87) | High-confidence pattern (79%) | Power Trend | Stage 2 | Readiness 77/100 (watch) | CANSLIM 68.0 (B) | ⚠ Volatility widening into breakout setup_key=cup_handle|2026-03-13|2026-10-06|454.54 · cup_handle/2026-10-03 anchors={"bottom": {"bar": 53, "bars_ago": 156, "date": "2026-03-13", "price": 282.77}, "breakout": {"bar": 206, "bars_ago": 3, "date": "2026-10-21", "price": 457.47}, "handle_high": {"bar": 202, "bars_ago": 7, "date": "2026-10-15", "price": 449.12}, "handle_low": {"bar": 205, "bars_ago": 4, "date": "2026-10-20", "price": 427.97}, "left_lip": {"bar": 18, "bars_ago": 191, "date": "2026-01-22", "price": 400.9765}, "right_lip": {"bar": 195, "bars_ago": 14, "date": "2026-10-06", "price": 454.54}}
Why This Setup? D+W Confluence
cup handle Cup & Handle · schematic

depth=29.5%, handle_pb=4.7%, lips_diff=13.4%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (87) | High-confidence pattern (79%) | Power Trend | Stage 2 | Readiness 77/100 (watch) | CANSLIM 68.0 (B) | ⚠ Volatility widening into breakout

Ask a Legend ▾
Wyckoff SOS ⚠ Volatility widening into breakout ⚠ Extended past buy zone ⚠ Not actionable yet
55 setup score
RS Score 87
Trend template 8/8 ✓
CANSLIM 63.2* (C)
range low: 341.4 range high: 410.326 range pct: 0.202 sos thrust: 0.11 sos vol ratio: 1.329 sos bars ago: 2 near lps: ✗ validation reason: valid generic setup multi tf evaluated: ✓ multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup? D+W Confluence
Wyckoff SOS · schematic

SOS: breakout above range_high=410.33, thrust=11.0%, vol=1.3x avg, lps=extended, 2 bars ago | Strong trend (8/8) | Top RS (87) | Moderate pattern (63%) | Power Trend | Stage 2 | Readiness 53/100 (early) | CANSLIM 63.2 (C) | ⚠ Volatility widening into breakout; Extended past buy zone; Not actionable yet

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

4/7 universals met
  • Clear of earnings — not met in 6 days — event risk
  • A relative-strength leader — partly met RS rank 71 — middling
  • Volume confirms — partly met 1.2× average — light
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
  • Not chasing (in range) — met Met — levels are a Pro detail
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $455.98 vs SMA150 $376.54 / SMA200 $367.96
SMA 150 above SMA 200 SMA150 $376.54 vs SMA200 $367.96
SMA 200 trending up Slope +5.29 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $425.01
Price above SMA 50 $455.98 vs SMA50 $425.01
30%+ above 52-week low +61.3% from $282.77
Within 25% of 52-week high -2.0% from $465.36
RS score above 70 RS 87

Fundamentals

52W Range
95%
Mkt Cap SEC
44.8B
EPS QoQ
-40%
Rev YoY
+7%
ROE
8%
Gross Margin
55%
D/E
0.55
EPS TTM
$10.76
P/E TTM
42.4x
Float
98M
Insider
No Buy

Company

Company profile
Waters Corporation
WAT · NYSE · Health Technology · Medical Specialties
Track all markets on TradingView
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 68.0* CANSLIM * disqualified on C, M
C · Curr. EPS
20
A · Annual EPS
65
N · New Highs
100
S · Supply/Demand
100
L · Leader RS
87
I · Inst. Spons.
50
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
89
W. Support
$287.19
W. Resist
$465.36
W. Patterns
Cup & Handle Double Bottom
Weekly Structure

Scan History

20× streak
Oct 23: 70 (Base Breakout)Oct 23: 70 (Darvas Box)Oct 26: 70 (Cup & Handle)Oct 27: 82 (Cup & Handle)82
Oct 27
Cup & Handle ✓ Gate
82
Oct 26
Cup & Handle ✓ Gate
70 0.0%
Oct 23
Darvas Box ✓ Gate
70 +0.5%
Oct 23
Base Breakout ✓ Gate
70 +0.5%

Latest News

Headlines for WAT
Loading headlines…

Get the full picture on WAT

Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.

Start 7-Day Free Trial