WORTHINGTON STEEL INC (WS) Technical Analysis
NYSE:WS • US9821041012
Current stock price
35.81 USD
+0.11 (+0.31%)
At close:
35.81 USD
0 (0%)
After Hours:
WS Technical Rating and Analysis
Taking everything into account, WS scores 4 out of 10 in our technical rating. In the past year, WS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- WS is part of the Metals & Mining industry. There are 163 other stocks in this industry, of which 64% are performing better than WS.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month WS has a been trading in the 27.22 - 36.90 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, WS outperforms 65% of them, which is more or less in line with the market.
- WS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WS is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WS Weekly and Daily overview Charts
WS Setup Rating and Analysis
WS has an average technical rating and it also does not offer a high quality setup 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
WS Support and Resistance Analysis
28.22
36.18
3 important support areas can be observed.
- Support @33.51 from a trend line in the daily time frame.
- A support zone ranging from 32.23 to 32.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @28.50 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.82 to 35.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
WS 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 WS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WS is up. |
| ChartMill Relative Strength | 65.21 | NEUTRAL | WS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.99 | NEUTRAL | The RSI value for WS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.69 | POSITIVE | The MACD value suggests WS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.36 | OVERBOUGHT | The high Stochastics value suggests WS may be overbought. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for WS suggests high volalility. |
| Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for WS suggests a possible start of a new trend. |
WS Chart- and CandleStick Pattern Analysis
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)
WS Technicals: Chart, Performance Metrics, Trend & Indicators
35.81
+0.11 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.31%
1 Week9.28%
2 Weeks6.86%
1 Month5.54%
3 Month-11.3%
6 Month13.79%
12 Month39.18%
2 Year16.3%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%5.29%
ATR Inc-41.48%
Range Today0.72
ADR(20)1.54
ADR(20)%4.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.21
3 months CRS21.78
6 months CRS79.2
Mansfield-0.02
10 Day High36.9
10 Day Low32.03
20 Day High36.9
20 Day Low27.22
52 Week High49.17
52 Week Low24.23
CS1 End33.51
CR1 Start35.82
Volume & EV
DER(3)-3.26%
DER(5)-2.96%
Volume141.30K
Volume Incr-53.05%
Vol(5)192.52K
Vol(50)312.19K
WORTHINGTON STEEL INC / WS TA FAQ
What is the ChartMill technical rating of WORTHINGTON STEEL INC (WS) stock?
ChartMill assigns a technical rating of 4 / 10 to WS.
What is the current trend direction of WORTHINGTON STEEL INC (WS) stock?
The current trend direction for WORTHINGTON STEEL INC (WS) is Bearish.
What is the RSI signal for WORTHINGTON STEEL INC (WS) stock?
WORTHINGTON STEEL INC (WS) has an RSI value of 56.9923. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WORTHINGTON STEEL INC?
The short term momentum for WORTHINGTON STEEL INC (WS) is positive.