Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
Watch
WATWaters Corp
2.1σ
decline sigma — volatility-normalized move (typical daily 2.06%)
Current
$404.69
Decline depth
—
Decline σ
2.1σ
TFC
3/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$WAT landed on the list 2026-03-02, down 25.8% from its 52-week high that day — now $404.69.
It has clawed back 25.0 percentage points off that level. It bottomed 31.6% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
WAT qualifies for the Watch on decline sigma.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Past the 3/5 Watch threshold.
Decline sigma
2.1σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (2.06% per day).
The structural read
What price action says about WAT.
WAT qualifies for the Watch on decline sigma — the recent drop measures 2.1σ over a 5-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Cross-confirmation: also showing 3/5 bearish time frames.
Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2U (red), weekly 3 (red), monthly 2U (green).
Questions about WAT
What people ask.
Why is WAT on Broken Stocks?
WAT qualifies for the Watch on decline sigma. The recent drop measures 2.1σ over a 5-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (2.06%).
Is WAT a falling knife?
WAT is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is WAT a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is WAT trading inside its 52-week range?
At $404.69, WAT sits 80.5% of the way from its 52-week low ($334.18) to its 52-week high ($421.74). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.