WORTHINGTON STEEL INC (WS) Technical Analysis
NYSE:WS • US9821041012
Current stock price
WS Technical Rating and Analysis
Taking everything into account, WS scores 1 out of 10 in our technical rating. WS 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.
- WS is one of the lesser performing stocks in the Metals & Mining industry. 67% of 157 stocks in the same industry do better.
- In the last month WS has a been trading in the 30.91 - 44.42 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, WS outperforms 59% 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 trading in the upper part of its 52 week range, so WS is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
WS Weekly and Daily overview Charts
WS Setup Rating and Analysis
WS has a poor technical rating and the quality of the setup is also only medium 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
31.05
We found 1 important support area.
- A support zone ranging from 31.36 to 31.54. 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 | DOWN | NEGATIVE | The short term trend for WS is down. |
| ChartMill Relative Strength | 59.64 | 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) | 22.12 | OVERSOLD | The low RSI value suggests WS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests WS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.45 | OVERSOLD | The low Stochastics value suggests WS may be oversold. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for WS suggests high volalility. |
| Average Directional Index/ADX (14) | 44.69 | POSITIVE | The high ADX value value for WS suggests a strong trend. |
WS Chart- and CandleStick Pattern Analysis
WS Technicals: Chart, Performance Metrics, Trend & Indicators
31.55
+0.19 (+0.61%)
WORTHINGTON STEEL INC / WS TA FAQ
What is the ChartMill technical rating of WORTHINGTON STEEL INC (WS) stock?
ChartMill assigns a technical rating of 1 / 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 22.1175. This indicates that the stock is currently oversold.
What is the support and resistance level for WS stock?
WORTHINGTON STEEL INC (WS) has a support level at 31.54. Check the full technical report for our detailed analysis of WS support and resistance levels.