Chart pattern
WTS chart pattern — Watts Water Technologies
1 formation detected on the latest close (Nov 06, 2026).
Descending Triangle · Weekly candles
BearishForming
Last close$346.14
Trigger$329.25 (-4.9%)
Upper boundary$378.05
Lower boundary$329.25
Pattern spanJun 26, 2026 → 19 bars
Touches6
Fit score91/100
A flat floor with a falling ceiling — sellers accepting less each time until the support gives way. Trigger: A daily close below the flat support line, usually with a clear pickup in volume. Invalidation: A close back above the falling resistance line, which says the sequence of lower highs has ended.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.