WORTHINGTON ENTERPRISES INC (WOR) Stock Technical Analysis
NYSE:WOR - US9818111026 - Common Stock
66.55 USD
-0.84 (-1.25%)
66.55 USD
0 (0%)
Overall WOR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WOR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WOR did better than 85% of all other stocks.
WOR is part of the Machinery industry. There are 127 other stocks in this industry. WOR outperforms 75% of them.
WOR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WOR is lagging the market slightly.
In the last month WOR has a been trading in the 60.15 - 67.80 range, which is quite wide. It is currently trading near the high of this range.
WOR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 67.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
38.12
68.06
5 important support areas can be observed.
- A support zone ranging from 64.77 to 66.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.45 to 62.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.94 from a trend line in the daily time frame.
- Support @41.46 from a trend line in the weekly time frame.
- A support zone ranging from 38.51 to 38.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 67.05 to 67.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WOR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WOR is up. |
| ChartMill Relative Strength | 85.5 | POSITIVE | WOR has a high relative strength, it outperformed 85.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WOR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WOR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.98 | NEUTRAL | The RSI value for WOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests WOR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.03 | OVERBOUGHT | The high Stochastics value suggests WOR may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for WOR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.54 | POSITIVE | The high ADX value value for WOR suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 67.40 | 64.76 | 2.64 (3.92%) | 25.00% |
| An entry @67.40. This is a Buy Stop order right above the resistance zone. | An exit @64.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.64 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
66.55
-0.84 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.25%
1 Week3.73%
2 Weeks2.62%
1 Month7.39%
3 Month12.97%
6 Month58.49%
12 Month45.31%
2 Year43.41%
3 Year111.7%
5 Year159.93%
10 Year321.84%
15 Year659.13%
Volatility
ATR(14)1.41
ATR(20)%2.02%
ATR Inc-12.9%
Range Today1.44
ADR(20)1.27
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.5
Mansfield2.39
10 Day High67.8
10 Day Low63.88
20 Day High67.8
20 Day Low60.15
52 Week High70.91
52 Week Low37.88
CS1 End66.08
CR1 Start67.05
Volume & EV
DER(3)2.13%
DER(5)1.79%
Volume148.30K
Volume Incr-8.47%
Vol(5)186.74K
Vol(50)276.09K