Technical Analysis for WOR - Worthington Industries, Inc.

Grade Last Price % Change Price Change
F 38.61 0.26% 0.10
WOR closed up 0.26 percent on Wednesday, November 20, 2024, on 52 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish 0.26%
NR7 Range Contraction 0.26%
Stochastic Reached Oversold Weakness 0.26%
Down 3 Days in a Row Weakness 0.26%
Down 4 Days in a Row Weakness 0.26%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 17 hours ago
Possible NR7 about 17 hours ago
60 Minute Opening Range Breakdown 1 day ago
Possible NR7 1 day ago
Down 1 ATR 1 day ago

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Profile

Worthington Industries, Inc. Description

Worthington Industries, Inc., a metals manufacturing company, focuses on value-added steel processing and manufactured metal products in the United States, Canada, Europe, and internationally. It operates through three segments: Steel Processing, Pressure Cylinders, and Engineered Cabs. The Steel Processing segment provides flat-rolled and stainless steel processing services to customers in the automotive, construction, lawn and garden, hardware, furniture, office equipment, leisure and recreation, appliance, agricultural, HVAC, container, and aerospace markets. It also toll processes steel for steel mills, large end-users, service centers, and other processors. The Pressure Cylinders segment manufactures and sells high-pressure steel cylinders for compressed natural gas storage in motor vehicles, cylinders for compressed industrial gases, filled and unfilled pressure cylinders, tanks, and various accessories and related products for various end-use market applications, which include retail, alternative fuels, energy, industrial, and other. The Engineered Cabs segment designs and manufactures custom-engineered open and closed cabs and operator stations for heavy mobile equipment in a range of industries; and other specialty weldments, kits, accessories, and cab components principally to original equipment manufacturers. The company also designs and manufactures steel reusable custom platforms, racks, and pallets for supporting, protecting, and handling products in the shipping process for customers in industries, such as automotive, lawn and garden, and recreational vehicles; and engages in the design, supply, and building/construction of mid-rise light gauge steel framed commercial structures, and single family and multi-family housing units. In addition, it develops energy solutions to minimize energy consumption, manages energy solution installation, and monitors and verifies energy usage. The company was founded in 1955 and is headquartered in Columbus, Ohio.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Motor Vehicles Industrial Gases Stainless Steel HVAC Natural Gas Storage Metal Products Office Equipment Energy Solutions Alternative Fuel Compressed Natural Gas Industrial Gas Aerospace Market Steel Mill Aerospace Markets Energy Consumption Steel Processing Steel Frame

Is WOR 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 69.4796
52 Week Low 38.27
Average Volume 291,587
200-Day Moving Average 50.80
50-Day Moving Average 41.35
20-Day Moving Average 40.08
10-Day Moving Average 40.77
Average True Range 1.14
RSI (14) 39.76
ADX 21.2
+DI 24.25
-DI 30.04
Chandelier Exit (Long, 3 ATRs) 41.04
Chandelier Exit (Short, 3 ATRs) 41.70
Upper Bollinger Bands 43.28
Lower Bollinger Band 36.88
Percent B (%b) 0.27
BandWidth 15.98
MACD Line -0.39
MACD Signal Line -0.22
MACD Histogram -0.1693
Fundamentals Value
Market Cap 1.93 Billion
Num Shares 50 Million
EPS 5.96
Price-to-Earnings (P/E) Ratio 6.48
Price-to-Sales 0.68
Price-to-Book 1.75
PEG Ratio 0.35
Dividend 1.26
Dividend Yield 3.26%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.13
Resistance 3 (R3) 39.08 38.86 39.04
Resistance 2 (R2) 38.86 38.72 38.88 39.02
Resistance 1 (R1) 38.73 38.64 38.79 38.78 38.99
Pivot Point 38.51 38.51 38.54 38.53 38.51
Support 1 (S1) 38.39 38.37 38.45 38.44 38.23
Support 2 (S2) 38.16 38.29 38.19 38.20
Support 3 (S3) 38.04 38.16 38.18
Support 4 (S4) 38.09