WORTHINGTON STEEL INC (WS) Technical Analysis
NYSE:WS • US9821041012
Current stock price
28.1 USD
-1.69 (-5.67%)
At close:
28.1 USD
0 (0%)
After Hours:
WS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WS. WS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WS is a bad performer in the overall market: 70% of all stocks are doing better.
- WS is one of the lesser performing stocks in the Metals & Mining industry. 75% of 159 stocks in the same industry do better.
- WS 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 WS is lagging the market.
- In the last month WS has a been trading in the 27.22 - 42.28 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
WS Weekly and Daily overview Charts
WS Setup Rating and Analysis
The technical rating of WS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WS Support and Resistance Analysis
27.82
28.38
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 | DOWN | NEGATIVE | The long term trend for WS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WS is down. |
| ChartMill Relative Strength | 30.35 | NEUTRAL | WS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WS is below a declining 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 | MIXED | The current price of WS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.4 | OVERSOLD | The low RSI value suggests WS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests WS has a negative trend. |
| Stochastics (14,3) | 26.74 | NEUTRAL | The Stochastics value for WS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for WS suggests high volalility. |
| Average Directional Index/ADX (14) | 41.85 | POSITIVE | The high ADX value value for WS suggests a strong 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
28.1
-1.69 (-5.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.67%
1 Week-10.93%
2 Weeks-13.03%
1 Month-32.39%
3 Month-22.03%
6 Month-6.95%
12 Month9.72%
2 Year-21.62%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.94
ATR(20)%6.92%
ATR Inc193.73%
Range Today2.26
ADR(20)1.59
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.35
3 months CRS19.06
6 months CRS39.09
Mansfield-1.17
10 Day High35.26
10 Day Low27.22
20 Day High42.28
20 Day Low27.22
52 Week High49.17
52 Week Low21.3
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.19%
DER(5)0.49%
Volume557.80K
Volume Incr50.48%
Vol(5)486.38K
Vol(50)332.61K
WORTHINGTON STEEL INC / WS TA FAQ
What is the ChartMill technical rating of WORTHINGTON STEEL INC (WS) stock?
ChartMill assigns a technical rating of 0 / 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 WS stock?
WORTHINGTON STEEL INC (WS) has an RSI value of 26.4032. This indicates that the stock is currently oversold.
What is the buy/sell signal for WS stock?
The buy/sell signal for WORTHINGTON STEEL INC (WS) is sell as both the short term and long term trends are negative.