WORTHINGTON STEEL INC (WS) Stock Technical Analysis
NYSE:WS - New York Stock Exchange, Inc. - US9821041012 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WS. WS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than WS.
WS is one of the lesser performing stocks in the Metals & Mining industry. 79% of 151 stocks in the same industry do better.
WS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WS has a been trading in the 27.33 - 31.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.99, a Stop Loss order could be placed below this zone.
More info and screens
27.56
29.84
We found 1 important support area.
- A support zone ranging from 27.84 to 27.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.60 to 28.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.54 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.88
Mansfield-2.3
10 Day High30.16
10 Day Low27.74
20 Day High31.01
20 Day Low27.33
52 Week High47.19
52 Week Low27.33
Performance
1 Week-0.39%
2 Weeks0.5%
1 Month-5.34%
3 Month-37.11%
6 Month-18.56%
12 Month-6.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)40.99
LBB27.48
UBB29.71
28.39
-0.52 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.8%
1 Week-0.39%
2 Weeks0.5%
1 Month-5.34%
3 Month-37.11%
6 Month-18.56%
12 Month-6.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%3.89%
ATR Inc-6.61%
Range Today1.15
ADR(20)1.04
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.88
Mansfield-2.3
10 Day High30.16
10 Day Low27.74
20 Day High31.01
20 Day Low27.33
52 Week High47.19
52 Week Low27.33
CS1 End27.99
CR1 Start28.6
Volume & EV
DER(3)-3.54%
DER(5)0.33%
Volume264.70K
Volume Incr4.67%
Vol(5)254.16K
Vol(50)337.60K