WORTHINGTON ENTERPRISES INC (WOR) Technical Analysis
NYSE:WOR • US9818111026
Current stock price
WOR Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to WOR. WOR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month WOR has a been trading in the 45.01 - 56.06 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, WOR turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- WOR is an average performer in the Machinery industry, it outperforms 49% of 131 stocks in the same industry.
- WOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WOR is lagging the market.
WOR Weekly and Daily overview Charts
WOR Setup Rating and Analysis
WOR has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WOR Support and Resistance Analysis
46.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.40 to 55.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.98 to 48.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 55.55 to 55.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 59.11 to 59.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
WOR Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for WOR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WOR is up. |
| ChartMill Relative Strength | 52.04 | NEUTRAL | WOR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of WOR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for WOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests WOR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.37 | NEUTRAL | The Stochastics value for WOR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for WOR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for WOR suggests a weak or negative trend. |
WOR Chart- and CandleStick Pattern Analysis
WOR Technicals: Chart, Performance Metrics, Trend & Indicators
55.15
+2.12 (+4%)
WORTHINGTON ENTERPRISES INC / WOR TA FAQ
What is the ChartMill technical rating of WORTHINGTON ENTERPRISES INC (WOR) stock?
ChartMill assigns a technical rating of 5 / 10 to WOR.
What is the current trend direction of WORTHINGTON ENTERPRISES INC (WOR) stock?
The current trend direction for WORTHINGTON ENTERPRISES INC (WOR) is Bearish.
What is the RSI signal for WORTHINGTON ENTERPRISES INC (WOR) stock?
WORTHINGTON ENTERPRISES INC (WOR) has an RSI value of 59.564. This indicates that the stock is currently neutral.
What is the MACD signal for WOR stock?
The MACD indicator for WORTHINGTON ENTERPRISES INC (WOR) has a value of 0.332587, indicating a bearish trend.
What is the short term momentum for WORTHINGTON ENTERPRISES INC (WOR) stock?
The short term momentum for WORTHINGTON ENTERPRISES INC (WOR) is positive.