Technical Analysis for WS - Worthington Steel, Inc.

Grade Last Price % Change Price Change
A 39.65 6.50% 2.42
WS closed up 6.5 percent on Friday, July 26, 2024, on 1.69 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
180 Bullish Setup Bullish Swing Setup 6.50%

   Recent Intraday Alerts

Alert Time
New 52 Week High about 10 hours ago
Up 2 ATRs about 10 hours ago
Possible Pocket Pivot about 11 hours ago
60 Minute Opening Range Breakout about 13 hours ago
Up 5% about 13 hours ago

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Profile

Worthington Steel is a metals processor that partners with customers to deliver highly technical and customized solutions. Worthington Steel’s expertise in carbon flat-roll steel processing, electrical steel lamination and tailor welding are driving steel toward a more sustainable future. As one of the most trusted metals processors in North America, Worthington Steel and its 4,500 employees harness the power of steel to advance customers’ visions. Headquartered in Columbus, Ohio, Worthington Steel operates 31 facilities in seven states and five countries.
Classification

Sector: Basic Materials
Industry: Steel
Keywords: Steel Welding Lamination

Is WS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 40.315
52 Week Low 20.7803
Average Volume 220,323
200-Day Moving Average 0.00
50-Day Moving Average 33.17
20-Day Moving Average 34.91
10-Day Moving Average 36.96
Average True Range 1.46
RSI (14) 72.75
ADX 31.05
+DI 39.62
-DI 12.00
Chandelier Exit (Long, 3 ATRs) 35.94
Chandelier Exit (Short, 3 ATRs) 33.81
Upper Bollinger Bands 39.47
Lower Bollinger Band 30.34
Percent B (%b) 1.02
BandWidth 26.16
MACD Line 1.52
MACD Signal Line 1.19
MACD Histogram 0.3349
Fundamentals Value
Market Cap 1.98 Billion
Num Shares 50 Million
EPS
Price-to-Sales 0.41
Price-to-Book 1.35
Dividend 0.64
Dividend Yield 1.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.96
Resistance 3 (R3) 43.71 42.01 43.24
Resistance 2 (R2) 42.01 40.91 42.14 43.00
Resistance 1 (R1) 40.83 40.23 41.42 41.09 42.76
Pivot Point 39.14 39.14 39.43 39.26 39.14
Support 1 (S1) 37.96 38.04 38.55 38.21 36.54
Support 2 (S2) 36.26 37.36 36.39 36.30
Support 3 (S3) 35.08 36.26 36.06
Support 4 (S4) 35.34