WORTHINGTON ENTERPRISES INC (WOR) Stock Technical Analysis
USA - NYSE:WOR - US9818111026 - Common Stock
57.72 USD
+1.15 (+2.03%)
57.72 USD
0 (0%)
Taking everything into account, WOR scores 5 out of 10 in our technical rating. Although WOR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, WOR did better than 82% of all other stocks. We also observe that the gains produced by WOR over the past year are nicely spread over this period.
WOR is one of the better performing stocks in the Machinery industry, it outperforms 74% of 130 stocks in the same industry.
In the last month WOR has a been trading in the 52.57 - 58.05 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, WOR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 57.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.88, a Stop Loss order could be placed below this zone.
More info and screens
38.43
66.41
We found 4 important support areas.
- A support zone ranging from 56.06 to 56.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.39 to 54.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.94 from a trend line in the weekly time frame.
- Support @38.82 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 57.73 to 57.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @65.75 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for WOR is down. |
| ChartMill Relative Strength | 82.58 | POSITIVE | WOR has a high relative strength, it outperformed 82.58% 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) | DOWN | NEGATIVE | The current price of WOR is below a declining 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) | 50.38 | NEUTRAL | The RSI value for WOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests WOR has a positive trend. |
| Stochastics (14,3) | 74.36 | NEUTRAL | The Stochastics value for WOR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for WOR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for WOR suggests a possible start of a new 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)
57.72
+1.15 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.03%
1 Week1.89%
2 Weeks3.63%
1 Month9.34%
3 Month-6.39%
6 Month16.02%
12 Month48.69%
2 Year51.94%
3 Year96.86%
5 Year90.26%
10 Year204.97%
15 Year507.96%
Volatility
ATR(14)1.14
ATR(20)%2.04%
ATR Inc-15.39%
Range Today0.96
ADR(20)1.17
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.58
3 months CRS21.02
6 months CRS60.8
Mansfield0.1
10 Day High58.05
10 Day Low54.72
20 Day High58.05
20 Day Low52.57
52 Week High70.91
52 Week Low37.88
CS1 End56.88
CR1 Start57.73
Volume & EV
DER(3)1.92%
DER(5)2.31%
Volume126.56K
Volume Incr-60.06%
Vol(5)150.21K
Vol(50)262.94K