WORTHINGTON ENTERPRISES INC (WOR)

US9818111026 - Common Stock

62.19  +0.08 (+0.13%)

After market: 62.19 0 (0%)

Technical Rating and Analysis

6

Overall WOR gets a technical rating of 6 out of 10. WOR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

65% of all other stocks performed better in the past year than WOR.
Both the short term and long term trends are positive. This is a very positive sign.
WOR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
WOR is an average performer in the Household Durables industry, it outperforms 40% of 68 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.
Weekly and Daily overview Charts
WOR Weekly chart
WOR Daily chart
Setup Rating and Analysis

7

WOR has only a medium 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 resistance zone just above the current price starting at 62.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.44, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

46.55

71.79

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 58.23 to 59.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @54.22 from a horizontal line in the weekly time frame.
  • Support @47.02 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 62.61 to 62.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @67.13 from a trend line in the daily time frame.
  • Resistance @71.08 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.16
Mansfield-1.18
10 Day High63.87
10 Day Low57.25
20 Day High63.87
20 Day Low53.83
52 Week High77.42
52 Week Low45.26
Performance
1 Week4.51%
2 Weeks8.72%
1 Month15.02%
3 Month-6.38%
6 Month-15.1%
12 Month4.88%
2 Year8.93%
3 Year-2.79%
5 Year58%
10 Year55.82%
15 Year657.44%
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)0.4
RSI(14)61.1
LBB55.97
UBB64.27
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
62.7658.224.54 (7.23%)13.82%
An entry @62.76. This is a Buy Stop order right above the resistance zone.An exit @58.22. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 4.54 points, which is 7.23%.For a 1.00% total portfolio risk, you can invest 13.82% of your capital in this trade.

  • 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.
WOR Daily chart

WORTHINGTON ENTERPRISES INC

NYSE:WOR (2/22/2024, 3:10:02 PM)

After market: 62.19 0 (0%)

62.19

+0.08 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.13%
1 Week4.51%
2 Weeks8.72%
1 Month15.02%
3 Month-6.38%
6 Month-15.1%
12 Month4.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.1
ATR(20)%2.94%
ATR Inc
Range Today1.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High63.87
10 Day Low57.25
20 Day High63.87
20 Day Low53.83
52 Week High77.42
52 Week Low45.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume192.80K
Volume Incr-18.32%
Vol(5)247.58K
Vol(50)445.93K