Amber List

WSWorthington Steel, Inc.

Basic Materials · Steel · small-cap ($1.9B)
-30.4%
from rolling 252-day high of $48.75 set 2026-02-11 · 190d ago
Current
$33.95
Decline depth
-30.4%
Decline σ
5.1σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$WS landed on the list 2026-03-14, down 34.4% from its 52-week high that day — now down -30.4%.

It has clawed back 5.4 percentage points off that level. It bottomed 42.9% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-16 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

WS qualifies for the Amber List on decline depth.

Decline depth
-30.4%
From rolling 252-day high of $48.75, 190d ago. Past the 30% Amber threshold.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
5.1σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (2.81% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about WS.

WS qualifies for the Amber List on decline depth — down -30.4% from its rolling 252-day high.

Cross-confirmation: decline sigma also reads 5.1σ over 10 bars.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (red), monthly 2U (red).

Earnings on file: 2026-06-24. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about WS

What people ask.

Why is WS on Broken Stocks?

WS qualifies for the Amber List on decline depth. It is down -30.4% from its rolling 252-day high of $48.75, set on 2026-02-11 — 190d ago.

Is WS a falling knife?

Not by the strict technical definition. WS is down -30.4% from its 52-week high, but that high was set 190d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. WS is still on the Amber List for decline depth, but the freshness component of a falling knife is missing.

Is WS a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is WS trading inside its 52-week range?

At $33.95, WS sits 30.7% of the way from its 52-week low ($27.22) to its 52-week high ($49.17). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has WS been declining?

The current 30.4% decline accrued over 190d, which annualizes to roughly -58.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does WS compare to its sector?

There are 58 other Basic Materials tickers on Broken Stocks: 24 Red, 16 Amber, 18 Watch, with 17 showing recovering structural signals. Median sector decline is -33.5% — WS's decline is shallower than the sector median.

Does WS's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-06-24) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.