Watts Water Technologies Inc

WTS remains in Stage 4 downtrend within a longer-term uptrend. Although a Bearish Exhaustion pattern and oversold readings hint at a short-term bounce, price remains below declining EMAs and active lower highs/lower lows. Medium-term bias remains bearish, with execution deferred until rallies into resistance near the EMAs and the 50-period moving average for trimming exposures.

• ↑Q1 revenue $677.3M (+21.4% YoY), EPS $3.04 vs $2.72 est (+28% YoY)
• ↑FY26 EPS consensus raised from $11.57 to $12.03, signaling stronger outlook
• ↓Shares trade ~49% above intrinsic value, with a high P/E vs peers