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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Worthington Steel, Inc. Common Shares (NYSE:WS)

Sidelines Mode (-55) - WS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid WS?

MarketClub looks at technical strength and momentum to determine if the timing is right for WS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_WS
Open High Low WS Price Change
32.3000 32.7135 32.1500 32.2150 -0.3450
Entry Signal

MarketClub’s Trade Triangles for WS

long term up The long-term trend has been UP since Dec 5th, 2023 at 24.30

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 33.90

short term up The short-term trend has been UP since May 2nd, 2024 at 31.68

Smart Scan Analysis for WS

Based on our trend formula, WS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for WS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.3000 32.7135 32.1500 32.2150 -0.3450
Prev. Close Volume Bid Ask Time
32.5600 3376 2024-05-08 09:42:13
52wk High40.1552wk High Date2024-03-22
52wk Low2152wk Low Date2023-12-04
Average Volume176,102Assets184,900,000M
Liabilities911,400,000M
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