Worthington Steel's 15min chart: MACD Death Cross, Bearish Marubozu

Based on Worthington Steel's 15-minute chart, the MACD indicator has crossed below the signal line, a trend reversal signal known as a "death cross," which suggests a potential downward trajectory in the stock price. Furthermore, the presence of a bearish marubozu candle at 08/12/2022 13:30 indicates a strong bearish sentiment in the market, with sellers dominating trading activity. This bearish momentum is likely to persist, as the stock price may continue to decline under the control of sellers.

Worthington Steel Inc. (WS) has experienced a significant downturn in its stock price, as indicated by several technical indicators on its 15-minute chart. The MACD (Moving Average Convergence Divergence) indicator has crossed below the signal line, a trend reversal signal known as a "death cross," suggesting a potential downward trajectory in the stock price. This was followed by a bearish marubozu candle at 08/12/2022 13:30, indicating strong bearish sentiment in the market and the dominance of sellers. These indicators suggest that the bearish momentum is likely to persist, with the stock price continuing to decline under the control of sellers.

Analysts remain cautiously optimistic about Worthington Steel's long-term prospects, despite the immediate bearish trend. The company's strategic positioning in the metals and mining industry and its strong dividend history are seen as positive factors. However, the immediate earnings pressure and cyclical downturns in the industry pose challenges.

Fundamentally, Worthington Steel reported a 26.8% year-over-year decline in Q2 2025 revenue to $970.5 million, falling short of analysts' expectations [1]. The company's earnings per share (EPS) of $0.11 also missed forecasts by $0.01. Analysts, however, remain bullish, with ratings such as "Buy" from Goldman Sachs and "Outperform" from Citigroup and Mizuho, reflecting confidence in the company's long-term growth potential [1].

High-beta investors should consider strategic entry points. One such opportunity is an oversold rebound, where the RSI dips below 30 and the stock finds support at $65.83. Another pivotal event could be Worthington Steel's Q1 2026 earnings report on August 7, 2026, which could spark a rally if it beats revenue or EPS expectations. Additionally, a sustained move above $75.21 could validate the consensus among analysts.

Conclusion

Worthington Steel's bearish trend, as indicated by the 15-minute chart's technical indicators, suggests that the stock is likely to continue its downward momentum. However, the company's strategic positioning in the metals and mining industry and analysts' bullish sentiment provide a long-term growth story. For disciplined investors, a strategic entry point could be a pullback to $65–$66, where the RSI and support levels align with a potential rebound. Position sizing is crucial, with a stop-loss at $62 to balance exposure with risk management.

References
[1] https://www.ainvest.com/news/worthington-steel-15-minute-chart-shows-kdj-death-cross-bearish-marubozu-signal-2508/
[2] https://finance.yahoo.com/news/worthington-steel-ws-bounced-back-121409782.html