WORTHINGTON ENTERPRISES INC (WOR) Technical Analysis
NYSE:WOR • US9818111026
Current stock price
WOR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WOR. WOR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- WOR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WOR is lagging the market.
- In the last month WOR has a been trading in the 46.09 - 58.86 range, which is quite wide. It is currently trading near the lows 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 61% of all stocks.
- WOR is an average performer in the Machinery industry, it outperforms 53% of 131 stocks in the same industry.
WOR Weekly and Daily overview Charts
WOR Setup Rating and Analysis
WOR has a poor technical rating and the quality of the setup is also not perfect 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
We found 1 important support area.
- A support zone ranging from 46.98 to 47.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @55.30 from a trend line in the daily time frame.
- A resistance zone ranging from 57.11 to 57.63. 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 | DOWN | NEGATIVE | The long term trend for WOR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WOR is down. |
| ChartMill Relative Strength | 61.23 | NEUTRAL | WOR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WOR is below a declining 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) | DOWN | NEGATIVE | The current price of WOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.92 | OVERSOLD | The low RSI value suggests WOR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests WOR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.3 | OVERSOLD | The low Stochastics value suggests WOR may be oversold. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for WOR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.36 | POSITIVE | The high ADX value value for WOR suggests a strong trend. |
WOR Chart- and CandleStick Pattern Analysis
WOR Technicals: Chart, Performance Metrics, Trend & Indicators
48.39
+0.18 (+0.37%)
WORTHINGTON ENTERPRISES INC / WOR TA FAQ
What is the ChartMill technical rating of WORTHINGTON ENTERPRISES INC (WOR) stock?
ChartMill assigns a technical rating of 1 / 10 to WOR.
Can you provide the trend direction for WORTHINGTON ENTERPRISES INC?
The current trend direction for WORTHINGTON ENTERPRISES INC (WOR) is Bearish.
What is the RSI signal for WOR stock?
WORTHINGTON ENTERPRISES INC (WOR) has an RSI value of 29.9183. This indicates that the stock is currently oversold.
What is the buy/sell signal for WORTHINGTON ENTERPRISES INC (WOR) stock?
The buy/sell signal for WORTHINGTON ENTERPRISES INC (WOR) is sell as both the short term and long term trends are negative.
What is the support and resistance level for WOR stock?
WORTHINGTON ENTERPRISES INC (WOR) has a support level at 47.33 and a resistance level at 55.3. Check the full technical report for our detailed analysis of WOR support and resistance levels.